Mortgage Rates for Monday: Citibank Showing Huge Promise for New Week
Citibank (NYSE:C) has been leading the charge with excellent home purchase and refinance loans for quite some time now, bringing more competitive deals again to the table this Monday morning. Indeed, with national averages once again hovering around some all time record low levels, the stage is once again set for a week of incredible value and opportunity for those willing to take the plunge, particularly in the case of some of the refinance deals being advertised.
First calling attention to the home purchase packages of key interest, today sees Citibank offering the standard 30 year fixed rate deal for 4.125% and APR of 4.404%, while those more interested in the 15 year deal will today find it being offered for 3.375% and APR of 3.895%.
As stated, when compared to many of the 6%+ mortgages currently being paid across the US, those of Citibank today may be of particular interest, such as the 30 year fixed rate loan at 4.125% and APR of 4.404%, while the 15 year loan can see balances cleared at a rate of 3.375% and APR of 3.895%.
Once again, it must be taken into account that interest rates across the US have every potential to increase in the near future rather than remain at their current levels or fall, therefore those waiting for the ideal moment to make a commitment may be wise to consider right now exactly such a time.
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