Mortgage Rates: Citibank Offering Competitive Deals
Citibank (NYSE:C) are continuing the trend of several weeks now by offering some truly excellent mortgage deals and packages across all of their range, many of which are among the lowest levels ever seen.
For those looking into the idea of making a new home purchase, Citibank is today offering 30 year fixed term deals with an interest rate of 4.250% which amounts to an APR of 4.509%, while 15 year fixed term deals on the other hand can be taken for 3.375% with a resulting APR of 3.782%.
For those wishing to join the millions of citizens taking full advantage of all time low refinance rates, Citibank could indeed provide excellent deals to help save thousands of dollars. As of today, 30 year fixed term deals for refinances are available for 4.250% which amounts to an APR of 4.509%, while those looking for shorter refinance terms will find the 15 year fixed deal at 3.375% with an APR of 3.782%.
Following a period that saw unprecedented demand for refinance packages and options across the United States, the nation once again seems to have entered something of a lull period where very little improvement is being seen across the board. Despite the fat that millions could shave enormous percentage off their overall balances across the terms of their mortgages, decreasing property values and imperfect credit scores are being blame for so many finding themselves counted out of the running.
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