Headquartered in Chicago, Northern Trust was established in 1889. It has a history of providing excellent services to customers. You can also get a mortgage with the bank. Northern Trust mortgage offers fixed rate loans or adjustable rate loans. Some of the types of mortgages offered include a VA loan, FHA loan, or conventional loan. You can choose from a 30-year term, 20-year term, or 15-year term. Northern Trust mortgage rates can give you the dream of owning a new home. The rates change frequently, so you need to be aware of the current rates when choosing a mortgage. In this article, you will find the latest and most up to date information about mortgage rates.

Northern Trust Current Mortgage Rates

Compare lenders to make sure you get the best rate. You can check rates right here.

Type of Mortgage Rate Interest Rate APR (Annual Percentage Rate) (Annual Percentage Rate) Estimated Monthly Payment
30-year fixed 4.625% 4.697% $1576
20-year fixed 4.375% 4.473% $1262
15-year fixed 3.750% 3.888% $2002
10-year fixed 3.750% 3.928% $2007
7/1 ARM 3.875% 4.047% $1292
5/1 ARM 3.750% 4.024% $1474
3/1 ARM 4.250% 4.181% $1420

***Keep in mind that mortgage rates can change very quickly, so you need to make sure you check the website for the latest information about home mortgage rates.

Bonus read: Northern Trust Mortgage Account Login

Northern Trust Mortgage Rates Additional Information

Northern Trust offers numerous options to fit your needs. A 30-year fixed rate mortgage is the most popular type of mortgage. The 30-year mortgage rate will stay the same throughout the life of the loan. The rate will not change. Many people like knowing what they are going to pay each month.

If you want to pay off your loan sooner, you can look at the 20-year mortgage rates or the 15-year mortgage rates.

You can also choose an adjustable rate mortgage. Adjustable mortgage rates are unpredictable. The mortgage rates trend can change frequently, so you do not know how the market will turn. If you have an adjustable rate mortgage, you will pay a lower amount for an initial period of time. After that, your rate could increase or decrease.

Refinance loans are also available. You might choose to refinance your existing mortgage. Also, you can lower your monthly payment amount, or you can shorten the life of your loan. You might refinance to switch from an adjustable rate to a fixed-rate loan. Check out the refinance mortgage rates to see what rate Northern Trust can give you.

If you need a larger loan, jumbo mortgage rates are available. Jumbo loans will allow you to purchase a home with a higher price tag. If you are looking for a mortgage, you will need to use a mortgage rates calculator to see how much you can afford. A mortgage rates calculator can be found if you follow this link. If you want a lower rate, you can purchase points.

Northern Trust mortgage rates can offer you the opportunity to buy the home of your dreams. The company offers excellent options. You will have flexible payment options, and the company will provide great customer service. Northern Trust is a reliable lender who will take care of your mortgage needs. You will then be able to enjoy the advantages that come with owning a new home.