Standard 30 year loans have been quoted at 4.375% at PNC Bank (NYSE:PNC) today carrying an APR of 4.574%. The shorter term 15 year fixed rate mortgage interest rates can be had for 3.375% at the bank with an APR of 3.617%.
10 year loans stand at 3.000% and an APR of 3.453% today. The best 20 year loan deals at the bank are 4.000% today carrying an APR of 4.269%.
Mortgage Rates for Refinance
The best 30 year refinance fixed rate mortgage interest rates are available starting at 4.500% at PNC yielding an APR of 4.687%. The short term 15 year refi fixed rate loan interest rates are 3.500% yielding an APR of 3.756%. 10 year refinance loan interest rates are being offered for 3.375% today and an APR of 3.772%. 20 year refinance fixed rate loans start at 4.125% with an APR of 4.376%.
DOW and Stock Market Results
Rates banks charge usually vacillate with securities made up of mortgage packages that are dependent on the stock market. The stock market went down by close of day putting the DJAI at 15,337.70.
Mortgage rates at the bank moved in the same direction as the DJIA results. Also in the market, the stock price of PNC rose to 75.15 up +0.31%.