Citibank Friday Mortgage Rates: Little to No Movement for Week as a Whole
Borrowers looking toward Citibank (NYSE:C) for assistance in both home purchases and refinances have enjoyed a superb run of quality and value over recent days and weeks, which certainly does not appear to be coming to an end this Friday morning. As it now stands, each and every one of the minor fluctuations encountered throughout the week seems to have cancelled another out, resulting in Friday’s mortgage rates not quite hitting all time record lows, but still offering superb value for money.
First looking into the options for new and used home purchase loans, this Friday morning sees the standard 30 year fixed rate mortgage deal at a rate of 4.125% and an APR amounting to 4.404%, while the alternative and equally popular 15 year fixed rate purchase loan is at 3.375% and APR of 3.857%.
Refinance options have also followed suit to retain much of their value across the course of the week, with the 30 year fixed rate package today measuring in at 4.125% and APR of 4.404%, while the 15 year option can be locked in for as low as 3.375% and APR of 3.857%.
Of course, most are in agreement that nothing in the world of mortgage rates lasts forever and the current run is no exception, therefore making it not a question of if the excellent deals will come to an end, but rather simply a case of when.
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