10 year fixed rate mortgages have been quoted at 3.000% today carrying an APR of 3.480%. The best 20 year loan deals are being offered for 4.125% today and an APR of 4.292%.
What are the refinance interest rates today?
Standard 30 year refinance fixed rate loan interest rates at PNC Bank are listed at 4.500% with an APR of 4.698% today. 15 year refinance loan interest rates start at 3.500% and an APR of 3.775%. 10 year refinance fixed rate loan interest rates are being quoted at 3.375% with an APR of 3.772% today. 20 year refinance loan interest rates have been offered at 4.125% carrying an APR of 4.391% today.
Stocks and Mortgages
Rates for mortgage loans are sometimes influenced by mortgages packaged into financial instruments which roughly follow motions in the stock market. Securities weakend in trading today putting the DOW at 15,337.70.
Today’s rates at the bank moved along with the market’s performance. Drilling down a bit, the banks stock strengthened to 75.15 up +0.23.