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VA Refinance Rates in Illinois

Updated: December 12, 2018

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

4.988%

APR
30 Year Fixed
4.750% Rate $1,043/mo
  • Updated December 12, 2018
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5.250%

APR
30 Year Fixed
5.250% Rate $1,105/mo
  • Updated December 12, 2018
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5.041%

APR
30 Year Fixed
4.990% Rate $1,073/mo
  • Updated December 12, 2018
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PRODUCTS RATES +/-
30 Year Fixed 4.77%
15 Year Fixed 4.08%
5/1 ARM 4.13%
Wednesday, December 12, 2018

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Mortgage rates for Illinois go down to 4.77%

Wednesday, December 12, 2018

Mortgage rates for Illinois on Lender411 for 30-year fixed-rate mortgages are at 4.77%. That dropped from 4.77% to 4.77%. The 15-year fixed rates are now at 4.08%. The 5/1 ARM mortgage for Illinois is now at 4.13%.

VA Refinance Rates in Illinois

Refinancing a VA loan in Illinois can be convenient and profitable for homeowners formerly serving in the military. Homeowners with an existing mortgage can apply their VA eligibility to a mortgage and acquire a VA refinance to lower their current mortgage payments. Homeowners with an existing VA-guaranteed mortgage have the additional option of a VA streamline refinance. This streamline refinance program allows borrowers to bypass the majority of paperwork and fees involved in a typical refinance transaction and consequently to acquire their funds quicker and more affordably than other refinance options.

Despite these advantages, borrowers considering a VA refinance should always take a survey of lender rates to compare and determine their best refinance options. Check out our main page on VA refinance rates for more information.

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