Illinois Mortgage Rates
Mortgage Rates as on 15 Jan 2026 in Illinois
| Mortgage Type | 3 Year | 5 Year | 10 Year | 15 Year | 20 Year | 30 Year |
|---|---|---|---|---|---|---|
| Fixed | - | - | 4.99 | 5.375 | 5.49 | 5.875 |
| Fixed APR | - | - | 5.383 | 5.633 | 5.703 | 6.008 |
| Adjustable | 6.625 | 5.875 | - | - | - | |
| Adjustable APR | 6.575 | 6.152 | - | - | - | |
| Jumbo | - | - | - | 6 | 6.25 | 6.25 |
| Jumbo APR | - | - | - | 6.29 | 6.453 | 6.401 |
| FHA | - | - | - | 7.25 | - | 5.625 |
| FHA APR | - | - | - | 9.009 | - | 6.498 |
| VA | - | - | - | 7.25 | - | 5.625 |
| VA APR | - | - | - | 8.548 | - | 5.97 |
Illinois Mortgage Rates Updated on 15 Jan 2026
Illinois Mortgage Rates Explained :
Illinois Fixed Mortgage Rate :
In Illinois State Fixed (Conventional) rate mortgage, the interest rate is fixed and won't change for the life of that home loan.
In Illinois State Fixed (Conventional) rate mortgage, the interest rate is fixed and won't change for the life of that home loan.
Illinois ARM Rate :
In Illinois State Adjustable rate mortgage (ARM), the interest rate on the outstanding balance varies throughout the life of the loan at yearly or even monthly intervals.
In Illinois State Adjustable rate mortgage (ARM), the interest rate on the outstanding balance varies throughout the life of the loan at yearly or even monthly intervals.
Illinois Jumbo Jumbo Mortgage Rate :
A Illinois jumbo mortgage, is a type of financing that exceeds the limits set by the Federal Housing Finance Agency (FHFA).
A Illinois jumbo mortgage, is a type of financing that exceeds the limits set by the Federal Housing Finance Agency (FHFA).
Illinois FHA Mortgage Rate :
In Illinois State, Federal Housing Administration (FHA) loans are federally-backed mortgages designed for low-to-moderate-income borrowers.
In Illinois State, Federal Housing Administration (FHA) loans are federally-backed mortgages designed for low-to-moderate-income borrowers.
Illinois VA Mortgage Rate :
In Illinois State, The VA loan is a $0 down mortgage available to Veterans, Service Members and select military spouses and guaranteed by the U.S. Department of Veterans Affairs (VA).
In Illinois State, The VA loan is a $0 down mortgage available to Veterans, Service Members and select military spouses and guaranteed by the U.S. Department of Veterans Affairs (VA).
Illinois APR :
In Illinois State, Annual Percentage Rate (APR) is yearly cost of your loan, including any fees or costs in addition to the actual interest.
In Illinois State, Annual Percentage Rate (APR) is yearly cost of your loan, including any fees or costs in addition to the actual interest.