The following interest rates are representative of the current market.

Interest rates change as market conditions change.  This means that they are subject to change at any time and that they may change several times over the course of one day.  We do not change our rates on this page each time there is an adjustment.  Please do not use this page as a barometer for locking in your rate.  If you are looking for rates to hit a particular mark, please let us know and we will assist you in watching for this mark.  Call us at 847-981-8080 for exact rate quotes on the program and loan amount you desire.

Rates Effective:  January 31, 2005
Program Description Rate A.P.R.
30-Year Fixed Rate Conforming  5.50% 5.58%
30-Year Fixed Rate Jumbo 5.75% 5.81%
15-Year Fixed Rate Conforming 5.25% 5.38%
15-Year Fixed Rate Jumbo 5.375% 5.47%
3/1 ARM Conforming 5.00% 5.64%
5/1 ARM Conforming 5.375% 5.66%
3/1 ARM Jumbo 5.00% 5.62%
5/1 ARM Jumbo 5.375% 5.65%

Note: The maximum loan amount for "Conforming" loans is $333,700.  Loans over this amount and up to $2,000,000 are considered "Jumbo" Loans.

 

 

 

 

Copyright 2005 Clark Financial Corporation, an Illinois Residential Mortgage Licensee.