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3/1 ARM Mortgage Rates in Illinois

Updated: April 25, 2017

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Displaying rates for Mortgage Refinance in IL for $200,000

3.262%

APR
3 Year ARM
3.250% Rate $871/mo
  • Updated April 25, 2017
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2.595%

APR
3 Year ARM
2.550% Rate $796/mo
  • Check out our $295 closing cost options.

3.592%

APR
3 Year ARM
3.500% Rate $899/mo
  • Updated April 25, 2017
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3.918%

APR
3 Year ARM
3.375% Rate $884/mo
  • Updated April 25, 2017
  • $1,000 Best Rate Guarantee
  • Get online rates, payments and a Good Faith Estimate
  • Skip the salesman. Keep the commission!
PRODUCTS RATES +/-
30 Year Fixed 3.92%
15 Year Fixed 3.13%
5/1 ARM 3.13%
Tuesday, April 25, 2017

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Mortgage rates for Illinois go down to 3.92%

Tuesday, April 25, 2017

Mortgage rates for Illinois on Lender411 for 30-year fixed-rate mortgages are at 3.92%. That dropped from 4.13% to 3.92%. The 15-year fixed rates are now at 3.13%. The 5/1 ARM mortgage for Illinois is now at 3.13%.

3/1 ARM Mortgage Rate Explained

3/1 ARM is an adjustable rate mortgage where the monthly payment (principal and interest) of the loan does not change during 3 years. After that the rate will change based on its "margin" and "index" . Above you will find 3/1 ARM refinance rates for national and local lenders in Illinois. 

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