Standard 30 year fixed rate loans at Citi Mortgage (NYSE:C) can be had for 4.375 % and APR of 4.573 % today. Shorter term 15 year loan interest rates can be had for 3.375 % today carrying an APR of 3.731 %.
Standard 30 year refinance fixed rate mortgages are available starting at 4.375 % at Citibank today with an APR of 4.589 %. The shorter term 15 year refi fixed rate mortgages start at 3.500 % today with an APR of 3.773 %.
Update on the Market and Stock performance
Refinance and mortgage rates usually vary because of mortgage financial instrument prices which move in concert with the stock market. The stock market went down by market close today with the DJIA at 15,337.70 a decrease of -113.35.
Today’s rates at the bank were in synch with the action in the market. Also in the market, the banks stock price strengthened to 50.92 up +0.12%.