The benchmark 30 year fixed rate mortgages at Citi Mortgage (NYSE:C) are being offered for 4.250 % with an APR of 4.458 % today. The short term 15 year fixed rate mortgages are 3.375 % at the bank yielding an APR of 3.731 %.
How much is it to refinance?
30 year refinance loan interest rates at Citibank have been listed at 4.375 % today and an APR of 4.557 %. Popular 15 year refi loan deals are published at 3.500 % today carrying an APR of 3.755 %.
Interest rates for mortgages are sometimes affected by securities backed by mortgages (MBSs) that partially track with the stock market. The stock market went down by the end of trading today with the DJIA at 15,337.70 a decrease of -113.35.
Mortgage rates at the bank took the lead of the days DJIA results. More specifically, this particular bank’s stock improved to 50.92 up +0.06.