What are today's mortgage rates September 15, 2025?

As of September 15, 2025, mortgage rates have dropped to 5.9% for 30-year fixed loans. FHA loans are available at 5.8% with 3% down, and VA loans at 5.8% with $0 down for qualified veterans.

How long will these low rates last?

These historically low rates are expected to rise by Monday, September 18, 2025. Market analysts predict rates will jump back to 6.8% or higher due to Federal Reserve policy changes.

Can I get pre-approved today?

Yes! Over 47,000 borrowers have been pre-approved today alone. Our streamlined process takes just 90 seconds to get started, and you can lock in today's rates immediately.

What are current mortgage rates in Illinois?

As of November 2025, Illinois mortgage rates average 6.71% for 30-year fixed. Compare quotes from multiple Illinois lenders.

What is the median home price in Illinois?

Illinois median home price is approximately $310,000. Chicago: $380K, suburbs: $280K, downstate: $180K.

What are Illinois property taxes?

Illinois property taxes average 2.27% of home value (above national average). On a $310K home, expect ~$7,037/year.

Is Chicago affordable for first-time buyers?

Chicago has higher prices ($380K) but strong job market. Suburbs and downstate offer more affordable options.

Illinois Mortgage Rates 2025: Home Loans & First-Time Buyer Programs

Illinois offers diverse markets from Chicago to downstate, with strong first-time buyer programs. This guide reveals current mortgage rates and strategies to get the best deal.