The benchmark 30 year fixed rate mortgages at Citizens Bank are being offered for 3.750% yielding an APR of 3.784%. The best 30 year jumbo fixed rate loans are on the books at 3.625% at the bank with an APR of 3.644%.
Popular 15 year loan interest rates have been quoted at 3.000% carrying an APR of 3.060%.
15 year Jumbo fixed rate mortgage interest rates are being offered for 2.875% today carrying an APR of 2.908%. 20 year FRMs stand at 3.625% at the bank and an APR of 3.673%.
5/1 Adjustable Rate Mortgages have been quoted at 3.000% at Citizens Bank with an APR of 3.357%. 7/1 ARM interest rates are available starting at 3.125% today and APR of 3.359%.
Stocks and Mortgages
All the mortgage rates published by banks usually move with mortgage backed security prices which partially track with the stock market. Security markets lost ground by market close putting the DJAI at 17495.00.
Rates at Citizens Bank blindly followed the market’s performance. And now, this particular bank’s stock price weakened to 6.06 down -1.14%.