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Current Mortgage Rates in Chicago, Milwaukee and Madison 10/10/2008: Illinois and Wisconsin

Posted by Dennis Hardy on Oct 10, 2008

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Illinois and Wisconsin Mortgage Rates as of
10/10/2008 at 9:54 AM CST
Current Mortgage Rate Trend: worsening

Visit http://www.ameristarmadison.com/current_rates/index.htm for all current rates and APR information.

30 Year Fixed: 6.500% (6.565% APR)
15 Year Fixed: 6.125% (6.230% APR)
30 Year FHA and VA: 7.250% (7.446% APR)
30 Year Rural Housing: 7.250% (7.446% APR)

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Current Mortgage Rates in Chicago, Milwaukee and Madison 10/09/2008: Illinois and Wisconsin

Posted by Dennis Hardy on Oct 9, 2008

Illinois and Wisconsin Mortgage Rates as of
10/09/2008 at 9:59 AM CST
Current Mortgage Rate Trend: worsening

Visit http://www.ameristarmadison.com/current_rates/index.htm for all current rates and APR information.

30 Year Fixed: 6.250% (6.314% APR)
15 Year Fixed: 5.875% (5.979% APR)
30 Year FHA and VA: 6.750% (6.940% APR)
30 Year Rural Housing: 6.750% (6.940% APR)

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Current Mortgage Rates in Chicago, Milwaukee and Madison 10/08/2008: Illinois and Wisconsin

Posted by Dennis Hardy on Oct 8, 2008

Illinois and Wisconsin Mortgage Rates as of
10/08/2008 at 9:24 AM CST
Current Mortgage Rate Trend: improving

Visit http://www.ameristarmadison.com/current_rates/index.htm for all current rates and APR information.

30 Year Fixed: 5.875% (5.937% APR)
15 Year Fixed: 5.625% (5.729% APR)
30 Year FHA and VA: 6.000% (6.182% APR)
30 Year Rural Housing: 6.500% (6.687% APR)

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Current Mortgage Rates in Chicago, Milwaukee and Madison 10/07/2008: Illinois and Wisconsin

Posted by Dennis Hardy on Oct 7, 2008

Illinois and Wisconsin Mortgage Rates as of
10/07/2008 at 9:53 AM CST
Current Mortgage Rate Trend: steady

Visit http://www.ameristarmadison.com/current_rates/index.htm for all current rates and APR information.

30 Year Fixed: 6.000% (6.062% APR)
15 Year Fixed: 5.625% (5.729% APR)
30 Year FHA and VA: 6.000% (6.182% APR)
30 Year Rural Housing: 6.500% (6.687% APR)

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VA Refinance IRRRL Loans in Illinois and Wisconsin: Chicago, Milwaukee and Madison

Posted by Dennis Hardy on Oct 6, 2008

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If you are a Veteran, with an existing Illinois or Wisconsin VA Guaranteed Mortgage, you are entitled to an additional benefit from The Department of Veteran Affairs when it comes to refinancing your VA mortgage.

This program is called a VA Interest Rate Reduction Refinance Loan or IRRRL. Under this program, you can refinance your existing VA mortgage loan without having to re-qualify or have a new appraisal done. In fact, the full credit report is replaced by a mortgage only credit report for qualification purposes. This report shows only your mortgage payment history and none of your other credit or credit scores.

The main eligibility for this program is the new VA mortgage must have the purpose of lowering the current interest rate, shortening the loan term of the current mortgage or converting from an ARM to a fixed rate loan.

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Current Mortgage Rates in Chicago, Milwaukee and Madison 10/06/2008: Illinois and Wisconsin

Posted by Dennis Hardy on Oct 6, 2008

Illinois and Wisconsin Mortgage Rates as of
10/06/2008 at 9:45 AM CST
Current Mortgage Rate Trend: improving

Visit http://www.ameristarmadison.com/current_rates/index.htm for all current rates and APR information.

30 Year Fixed: 6.000% (6.062% APR)
15 Year Fixed: 5.625% (5.729% APR)
30 Year FHA and VA: 6.000% (6.182% APR)
30 Year Rural Housing: 6.500% (6.687% APR)

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Current Mortgage Rates in Chicago, Milwaukee and Madison 10/03/2008: Illinois and Wisconsin

Posted by Dennis Hardy on Oct 3, 2008

Illinois and Wisconsin Mortgage Rates as of
10/03/2008 at 9:59 AM CST
Current Mortgage Rate Trend: steady/improving

Visit http://www.ameristarmadison.com/current_rates/index.htm for all current rates and APR information.

30 Year Fixed: 6.125% (6.188% APR)
15 Year Fixed: 5.750% (5.811% APR)
30 Year FHA and VA: 6.500% (6.687% APR)
30 Year Rural Housing: 6.500% (6.687% APR)

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Current Mortgage Rates in Chicago, Milwaukee and Madison 10/02/2008: Illinois and Wisconsin

Posted by Dennis Hardy on Oct 2, 2008

Illinois and Wisconsin Mortgage Rates as of
10/02/2008 at 9:59 AM CST
Current Mortgage Rate Trend: improving

Visit http://www.ameristarmadison.com/current_rates/index.htm for all current rates and APR information.

30 Year Fixed: 6.125% (6.188% APR)
15 Year Fixed: 5.875% (5.979% APR)
30 Year FHA and VA: 6.500% (6.687% APR)
30 Year Rural Housing: 6.500% (6.687% APR)

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Current Mortgage Rates in Chicago, Milwaukee and Madison 10/01/2008: Illinois and Wisconsin

Posted by Dennis Hardy on Oct 1, 2008

Illinois and Wisconsin Mortgage Rates as of
10/01/2008 at 9:59 AM CST
Current Mortgage Rate Trend: worsening

Visit http://www.ameristarmadison.com/current_rates/index.htm for all current rates and APR information.

30 Year Fixed: 6.250% (6.314% APR)
15 Year Fixed: 6.000% (6.105% APR)
30 Year FHA and VA: 6.500% (6.687% APR)
30 Year Rural Housing: 6.500% (6.687% APR)

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Current Mortgage Rates in Chicago, Milwaukee and Madison 09/30/2008: Illinois and Wisconsin

Posted by Dennis Hardy on Sep 30, 2008

Illinois and Wisconsin Mortgage Rates as of
09/30/2008 at 10:22 AM CST
Current Mortgage Rate Trend: improving

Visit http://www.ameristarmadison.com/current_rates/index.htm for all current rates and APR information.

30 Year Fixed: 6.000% (6.062% APR)
15 Year Fixed: 5.750% (5.854% APR)
30 Year FHA and VA: 6.500% (6.687% APR)
30 Year Rural Housing: 6.500% (6.687% APR)

Read the rest of this entry »