Citibank Mortgage Rates – Home Purchase and Refinance Packages Today
Citibank (NYSE:C) has begin this Tuesday by offering a range of excellent value mortgage deals across a range of popular products, which are not only in line with national averages but also on par with the rest of the major national lenders across the US. As no exception to the rule in the current climate, Citibank is also continuing to note disappointing levels of consumer interest when it comes to new mortgage applications, with this week once again likely to bring little to no change to the stagnancy.
In the case of the most popular packages available for home purchases, Citibank is offering the 30 year fixed term deal at a rate of 4.250% and an APR amounting to 4.531%, while the equally popular 15 year contract can be taken out for 3.500% and a resulting APR of 4.022%.
Moving on to look at refinance options now, the 30 year fixed term deal can be locked in for an attractive low rate of 4.250% and an APR amounting to 4.531%, while those keen to see their balances paid off in 15 years can opt for the package with an interest rate of 3.500% and APR of 4.022%.
There is little reason to expect the rest of the week to bring about any significant changes in mortgage activity across the US, though with more minors rises in rates to follow over the coming days and weeks, the golden period at which to lock in the best rates in decades may indeed be drawing to a close.
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