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30 Year FHA Mortgage Rates in Illinois

Updated: February 21, 2018

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

5.069%

APR
30 Year FHA
4.990% Rate $1,073/mo
  • Updated February 21, 2018
  • A+ Rating with the Better Business Bureau

4.204%

APR
30 Year FHA
3.750% Rate $926/mo
  • Updated February 21, 2018
  • Quickly apply online now right from your mobile or tablet
  • See if you qualify from the comforts of home
  • We provide VA, FHA, and Conventional loans

3.734%

APR
30 Year FHA
3.375% Rate $884/mo
  • Updated February 21, 2018
  • Get a free and no obligation rate quote in Illinois.
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PRODUCTS RATES +/-
30 Year Fixed 4.59%
15 Year Fixed 3.72%
5/1 ARM 3.75%
Wednesday, February 21, 2018

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Mortgage rates for Illinois go down to 4.59%

Wednesday, February 21, 2018

Mortgage rates for Illinois on Lender411 for 30-year fixed-rate mortgages are at 4.59%. That dropped from 4.59% to 4.59%. The 15-year fixed rates are now at 3.72%. The 5/1 ARM mortgage for Illinois is now at 3.75%.

30 Year FHA Mortgage Rate Explained

30 year FHA mortgage loans are loans that are insured against default by the Federal Housing Administration (FHA) available for single family and multifamily homes. FHA loans allow individuals whom might not qualify for a conventional mortgage obtain a loan, specially first time home buyers. These loans offer down payments as low as 3%, reasonable credit expectations, and flexible income requirements. Above you will find 30-year FHA refinance rates for national and local lenders in Illinois. 

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