Cook refinance mortgage - Compare mortgages by city in Cook

Mortgage Rate Trends and Market Update

8-Jan-09

Last

Change

Best Rates 30 Year Fixed (50+ lenders)

5.01%

-0.11%

30 Year Fixed - 1 Week AVG

5.77%

-0.14%

1 Year ARM - National AVG

4.85%

-0.10%

5/1 Year ARM - National AVG

5.57%

0.08%

15 Year Fixed - National AVG

4.83%

-0.08%

30 Year Fixed - National AVG

5.10%

-0.04%

7 Year Fixed Rate Mortgage

8.03%

2.49%

5 Year Fixed Rate Mortgage

5.78%

0.18%

30 Year Fixed Rate Mortgage This marker indicates the current chart.

5.76%

-0.01%

30 Year Fixed - California 1 Week AVG

5.00%

0.00%

This marker indicates the current chart. Use links on left to view charts. Click to enlarge.

Week Month Year 3 Yrs

sources: informars.com, erate.com, Freddie Mac

NAMB, Equal Housing Opportunity, BBB Reliability Online, SSL Secure Server

Alsip	Chicago	Forest Park	Hines	Markham	Oak Park	River Forest	Streamwood
Arlington Heights	Chicago Heights	Franklin Park	Hoffman Estates	Matteson	Olympia Fields	River Grove	Summit Argo
Bedford Park	Chicago Ridge	Glencoe	Hometown	Maywood	Orland Park	Riverdale	Techny
Bellwood	Cicero	Glenview	Homewood	Mchenry	Palatine	Riverside	Thornton
Berkeley	Country Club Hills	Glenwood	Justice	Melrose Park	Palos Heights	Robbins	Tinley Park
Berwyn	Des Plaines	Golf	Kenilworth	Midlothian	Palos Hills	Rolling Meadows	Westchester
Blue Island	Dolton	Hanover Park	La Grange	Morton Grove	Palos Park	Schaumburg	Western Springs
Bridgeview	Elk Grove Village	Harvey	La Grange Park	Mount Prospect	Park Forest	Schiller Park	Wheeling
Broadview	Elmwood Park	Harwood Heights	Lansing	Niles	Park Ridge	Skokie	Willow Springs
Brookfield	Evanston	Hazel Crest	Lemont	Northbrook	Posen	South Holland	Wilmette
Burbank	Evergreen Park	Hickory Hills	Lincolnwood	Oak Forest	Prospect Heights	Steger	Winnetka
Calumet City	Flossmoor	Hillside	Lyons	Oak Lawn	Richton Park	Stone Park	Worth
Today's Mortgage Terms starting with P Payment Cap: A limit on the size of the monthly payment of an adjustable-rate mortgage or other variable rate loan. Point: A point is equivalent to 1 percent of a mortgage loan. Lenders might charge "origination points" to cover expenses of processing a loan. Some borrowers might pay "discount points" to reduce the loan's interest rate. Pre-Approval: The process of calculating how much money a potential homebuyer could borrow. Prepayment Penalty: A lender's charge to the borrower for paying down the loan before the end of its term. Pre-Qualification: A non-binding process of calculating how much money a potential homebuyer can borrow before applying for a loan. Information submitted during pre-qualification is subject to verification at application. Principal: It is the amount of money borrowed or owed, excluding interest. View all Terms

Mortgage.net - Cook refinance mortgage - Compare mortgages by city in Cook

Payment Cap:

Point:

Pre-Approval:

Prepayment Penalty:

Pre-Qualification:

Principal: