Here are current approximate mortgage rates you may see today, based on common market sources:
- 30-year fixed: around 6.25% to 6.45% APR
- 15-year fixed: around 5.75% to 5.95% APR
- 20-year fixed: around 6.15% to 6.40% APR
- 30-year fixed FHA: around 6.0% to 6.3% APR
- 30-year fixed VA: around 6.0% to 6.3% APR
- jumbo 30-year: typically a bit lower than standard conforming, often around 5.5% to 6.0% APR
Notes:
- Rates vary by loan type, credit score, loan-to-value, down payment, and local market conditions.
- Your ZIP code (Chicago area) and personal financial profile will affect you more precisely.
If you’d like, I can summarize the latest published quotes for Chicago-area options from major lenders or help you estimate a monthly payment for a specific loan amount, term, and down payment. I can also help compare and contrast fixed vs adjustable-rate options given your situation.
Sources
View daily mortgage and refinance interest rates for a variety of mortgage products, and learn how we can help you reach your home financing goals.
www.wellsfargo.comFreddie Mac's rate for a 30-year loan increased this week, averaging 6.37%. Rates are likely to remain in the low to mid 6% range for now.
money.comCompare personalized mortgage and refinance rates today from our national marketplace of lenders to find the best current rate for your financial situation.
www.bankrate.comCheck out today’s mortgage rates for buying a home. Connect with us at Rocket Mortgage to estimate your personalized mortgage loan rate.
www.rocketmortgage.comView today's mortgage rates for fixed and adjustable-rate loans. Get a custom rate based on your purchase price, down payment amount and ZIP code and explore your home loan options at Bank of America.
www.bankofamerica.comCompare current and historical mortgage rates to buy a new home or refinance your existing mortgage loan. Save money by comparing multiple lenders’ rates for free at Redfin.
www.redfin.comFind and compare 30-year mortgage rates and choose your preferred lender. Check rates today to learn more about the latest 30-year mortgage rates.
www.bankrate.comCompare current mortgage rates and get a personalized rate quote from Zillow Home Loans.
www.zillow.comSee today’s average mortgage rates. Save money by comparing customized rates from NerdWallet.
www.nerdwallet.comThe Mortgage Reports covers mortgage rates, mortgage news, mortgage strategy, and real estate. NMLS #1019791.
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