Chicago Mortgage Rates

For the Chicago mortgage rates that actually apply to you, call us at 312.642.7979.

Chicago Mortgage RatesOur loan professionals are here to answer your questions and help you in the home buying process.

There may be factors that affect your Chicago mortgage rate such as credit score, property type, loan amount, down payment, and other factors.  You can also get a rate quote here.

We are providing these rates to give you a general idea of the current Chicago mortgage rates.

Rates and points are subject to change without notice.
 30-Year
Fixed
5/1
Arm
30 FHA
Fixed
7/1 Arm
Jumbo
Rates4.250%3.375%3.750%4.00%
APR4.319%4.011%4.176%4.199%
Rates Updated: 12/21/2016

Title fees, as part of the closing costs, will vary by county.

This article is intended for educational purposes only and should not be interpreted as a recommendation. The information in this article is not an indication of program availability. Always consult with a mortgage professional before making a decision on a home loan.

Rates are subject to change at any time without notice. Quoted rates can be locked for 30-60 days and are based on the purchase/refinance of a single family home to be used as a primary residence. Rates and terms are not guaranteed until application is completed and rate is locked by a Chicago Financial Services mortgage loan representative. Rates and programs are subject to limitations. Call for program availability. All programs are fully amortized loans that require monthly payments of principal, interest, and any required escrow payments for the term of the loan. The exact monthly payment of a loan will vary depending on the term of the loan, the amount and the Annual Percentage Rate (APR) at the time of loan approval. Please call for rate information on loan amounts not shown in the table.

  1. Conventional loan APRs shown are based on a loan amount of $200,000 and 75% loan to value with zero points and $2,225 closing costs.
  2. Jumbo loan APRs shown are based on a loan amount of $500,000. We assume a 70% loan to value.
  3. The APRs shown on adjustable rate mortgage (ARM) loans are based on a loan amount of $200,000 amortized for 30 years. The APRs shown are for the initial period and may increase after closing due to the movements of the interest rate index during the rate adjustment periods. Call for information regarding rate adjustment caps and margins.