30 year fixed rate mortgages at Citi Mortgage (NYSE:C) start at 4.250 % today carrying an APR of 4.458 %. Popular 15 year FRM interest rates are available starting at 3.375 % today yielding an APR of 3.731 %.
Standard 30 year refinance loans at Citibank have been quoted at 4.375 % today with an APR of 4.557 %. Shorter term 15 year refinance loan interest rates at the bank have been offered at 3.500 % today and an APR of 3.755 %.
Stock Market Movement Today
Loan rates often change because of mortgages traded by banks in financial markets which move in concert with the stock market. Security markets lost ground by close of day today to leave the DOW at 15,337.70 up -0.73%.
As expected the bank were in synch with the DJIA direction. And now, the banks stock price rose to 50.92 up +0.06.