Compare Illinois Mortgage and Refinance Rates Today
Looking for home mortgage rates in Illinois? View loan interest rates from local banks, IL credit unions and brokers, from Bankrate.com.
Jeff Ostrowski has closely covered two nationwide housing booms and one devastating bust. Before joining Bankrate in 2020, he spent more than 20 years writing about real estate, business, the economy and politics. He previously worked as a reporter at the Palm Beach Post and the South Florida Business Journal.
Since 2019, Jeff has served on the board of the nonprofit National Association of Real Estate Editors. He twice has won gold awards in the group’s journalism contest. His Bankrate coverage of housing affordability was also honored with a Best in Business award from the Society for Advancing Business Editing and Writing.
When he’s not working, Jeff enjoys surfing, biking and traveling, usually with a surfboard or bike.
When you’re applying for a mortgage, shop around and do your homework — informed borrowers can save thousands of dollars over the life of their loan. Don’t fixate on finding the absolute perfect option, though, or timing your loan to a low point for mortgage rates. If you’re borrowing now, mortgage rates could go down in the future. Avoid worrying about all those things that are both out of your control and impossible to predict.
Looking for home mortgage rates in Illinois? View loan interest rates from local banks, IL credit unions and brokers, from Bankrate.com.
Find and compare VA mortgage rates. Most active-duty military and veterans qualify for VA mortgages. Compare rates today and lock in your rate.
Looking for home mortgage rates in Ohio? View loan interest rates from local banks, OH credit unions and brokers, from Bankrate.com.
Looking for home mortgage rates in Massachusetts? View loan interest rates from local banks, MA credit unions and brokers, from Bankrate.com.
A 5/1 ARM is a common type of adjustable-rate mortgage.
If you have a lower income, a HomeReady loan can help you buy a home.
Programs available to California first-time buyers that can make homeownership more affordable.
They both related to property ownership, but one is a physical thing and the other is abstract.
A tug of war is playing out in the mortgage market. Inflation is pushing rates up, while fears of a recession are pulling them back down.
Until inflation is tamed, mortgage rates are likely to keep rising.
Some options if you want a house but your savings are small.
It’s a mortgage has to adhere to certain standards — to protect both you and the lender.