Early Week Mortgage Rates: PNC Bank Showing Little to No Movement Once Again
PNC Bank (NYSE:PNC) has been delivering non-stop value for a number of weeks now, with home purchase and refinance mortgage rates either in line with all other US lenders or in some cases leaps and bounds above. This Tuesday looks to be no exception to the rule, with a veritable catalogue of packages being offering for truly super rates, regardless of the specific terms chosen by the borrower.
Looking first at the very best home purchase deals from PNC Bank today, the standard 30 year fixed rate loan can be taken home for 3.875% and carries an APR of 4.024%, while the 15 year purchase loan on the other hand can be locked in for 3.250% and APR of 3.416%.
Borrowers interested in the 20 year home purchase loan will today find it being offered by PNC for 3.750% and APR of 3.884%, while the increasingly revered 10 year purchase loan is at a fixed rate of 3.250% and APR of 3.254%.
Now looking at some of the better refinance options, the standard 30 year fixed rate package to refinance a home can be taken out for 4.500% and has an APR of 4.567%, while the 15 year refinance loan on the other hand is at 4.000% and APR amounting to 4.076%.
With all reasonable predictions regarding mortgage rates having been proven wrong for quite a number of days and weeks now, there really is little way of knowing exactly what the rest of the week will bring, though Tuesday is displaying quite superb strength to say the least.
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