WELCOME to King-Taylor Chicago Realty! Chicago is brimming with exceptional properties suitable for every lifestyle and offers a diverse range of dining, entertainment, business and culture. As your broker, Kelly King-Taylor will preserve your privacy, respect your busy schedule and provide an open line of communication with extensive attention to detail. Kelly is an Accredited Buyer Representative (ABR) and received certification as a Pricing Strategy Advisor (PSA), this means she has met training and performance standards which are maintained on an on-going basis to benefit her clients. She is committed to giving each client a tailored, full-service experience whether they are a first-time home buyer or an experienced investor.

This website is designed to be used to learn the basics of both purchasing and selling a home, including information on down payment assistance in Illinois and resources for buyers and sellers. Jump in, explore the site, and consider the possibilities!

***News & Notes***

Where are we on the rates rollercoaster?

Early January 2026>> typical loan products. Rates vary by lender, credit profile, loan type, and points paid — the figures below represent national averages or sample lender offerings:

National Average Rates

• 30-year fixed mortgage: ~6.15–6.20% average interest rate. This is based on Freddie Mac’s national survey and daily indexes. FRED+1

• 15-year fixed mortgage: ~5.44–5.75% average national rate. FRED+1

• 10-year fixed: ~5.46% (from one rate summary). Bankrate

• 5/1 ARM: ~5.60% (illustrative from rate aggregator). Bankrate

Various Lender Offerings (actual borrower rates may vary)

• Rocket Mortgage sample rates:
  • 30-year fixed ~6.50% (APR ~6.77%),
  • 30-year FHA ~5.99% (APR ~6.82%),
  • 15-year fixed ~5.75%. Rocket Mortgage

• Wells Fargo sample range:
  • 30-year fixed ~6.125%–6.276%,
  • 15-year fixed ~5.125%–5.388%. wellsfargo.com

• Navy Federal sample (conforming loans):
  • 30-year fixed ~5.50%–5.75% (depending on product/points),
  • 15-year ~4.875%–5.375%. Navy Federal Credit Union

Market Context

• The average 30-year fixed rate recently fell to its lowest level in 2025 at ~6.15%, down from higher levels earlier in the year. Money+1

• Mortgage rates remain significantly above the historic lows seen earlier in the 2010s, affecting affordability. Investopedia

• Quoted “average” rates typically assume excellent credit (e.g., 740+ FICO) and substantial down payments (often 20%).

• Your actual rate will depend on credit score, loan size/type, down payment, points paid, location, loan purpose (purchase vs. refinance), and lender pricing.

• Rates can change daily with market movements, particularly Treasury yields and economic data.