Mortgage Loans in Round Lake Beach, IL

Federal Funds Rate - Trends & Analysis:

Today’s Fed Funds Effective Rate is 4.00%. This is higher than the rate 7 days ago, which was 3.75%. When the Fed Funds rate rises, it can put upward pressure on mortgage rates, making borrowing costs higher for homebuyers.

Credit Union Loan Rates - Trends & Analysis:

Citizens Equity First offers a 15-year conventional fixed at 6.5%, up 25 bp from last week, and a 30-year conventional fixed at 7.125%, also up 25 bp. Their adjustable-rate 5-year fixed stands at 6.0%, unchanged from a week ago. The 7-year and 10-year adjustable fixed rates are slightly higher at 6.125% and 6.25%, respectively, each up 13 bp over the past 30 days. Jumbo loans match the 30-year conventional fixed at 7.125%, up 25 bp from last week. American Airlines offers a 15-year conventional fixed rate at 6.21% and a 30-year conventional fixed rate at 6.583% today. Their 5-year adjustable rate stands at 6.533%. Rates have held steady over the past week and month.

Advia offers a 15-year conventional fixed rate at 6.375%, up 13 bp from last week and 50 bp higher than a month ago. Their 30-year conventional fixed rate is 6.875%, also up 13 bp in the past week and 38 bp over 30 days. Adjustable 5-year and 7-year fixed rates are 6.125% and 6.25%, respectively, each up 13 bp from last week and 38 bp from a month ago. America First shows a 15-year conventional fixed rate at 6.375%, up 25 bp from last week and 63 bp higher than a month ago. Their 30-year conventional fixed rate is 6.875%, unchanged from last week but up 38 bp from a month ago. FHA 30-year fixed is 6.5%, up 13 bp from last week and 50 bp from a month ago. VA 30-year fixed stands at 6.625%, up 13 bp this week and 50 bp over 30 days.

Baxter offers a 15-year conventional fixed rate today at 6.25%, up 25 bp from last week and 63 bp from a month ago. Their 30-year conventional fixed rate is 6.875%, up 25 bp from last week and 50 bp from a month ago. The 30-year jumbo fixed rate is also 6.875%, up 63 bp from both last week and a month ago. For adjustable rates, the 5-year ARM is at 5.625%, up 25 bp from last week and 38 bp from a month ago.

State Department offers a 15-year Conventional Fixed at 6.125% today, up 25 bp from last week and 50 bp from 30 days ago. Their 30-year Conventional Fixed is 6.75%, rising 25 bp in the past week and 38 bp over 30 days. The 15-year Adjustable Fixed is 6.0%, up 13 bp in the last week and 13 bp over 30 days. The 7-year Adjustable Fixed stands at 6.375%, increasing 25 bp in the past week and month. The 10-year Adjustable Fixed is 6.5%, with a 25 bp rise over 30 days. The Jumbo 30-year Fixed is 7.5%, climbing 75 bp this week and month.

Polish & Slavic shows a 15-year fixed rate today at 6.75%, up 38 bp from a week ago, and a 30-year fixed at 7.0%, also up 38 bp in the last week. The 15-year fixed rate increased by 50 bp compared to 30 days ago, while the 30-year fixed rate stayed the same over that period. Adjustable rates are not listed with current values. Nasa offers a 15-year conventional fixed at 6.375%, up 38 bp from a week ago and 63 bp higher than a month ago. Their 30-year conventional fixed is 6.875%, also up 38 bp in the past week and 50 bp over 30 days. FHA 30-year fixed loans are at 6.625%, rising 25 bp in the last week and 50 bp in the last month. VA 30-year fixed stands at 6.5%, up 38 bp from last week and 63 bp from 30 days ago. Jumbo 30-year fixed loans are 6.875%, with a 25 bp increase in the past week and 50 bp over the month.

Dupaco Community offers a 15-year conventional fixed rate at 6.5%, up 12 bp from a week ago and 50 bp from a month ago. Their 30-year conventional fixed rate is 6.75%, unchanged from last week but 38 bp higher than 30 days ago. Both 15- and 30-year rates have the same values for conventional and refinance options. Pentagon offers a 30-year Conventional Fixed at 6.625% today, up 13 bp from last week and 38 bp from a month ago. Their 30-year Conventional Refinance Fixed is at 6.75%, also up 13 bp from last week and 50 bp from a month ago. The 30-year FHA Fixed rate is 6.125%, rising 13 bp since last week and 38 bp over the past month. The 30-year VA Fixed is steady today at 6.125%, with a 38 bp increase from a month ago. Jumbo 30-year Fixed loans are at 6.625%, up 25 bp from last week and 38 bp from a month ago.