Citibank Vs GMAC Home Purchase and Refinance Mortgage Rates Today

Citibank Vs GMAC Home Purchase and Refinance Mortgage Rates TodayCitibank (NYSE:C) is once again leagues ahead of GMAC in terms of both home purchase and refinance mortgage rates today, though how the market plays out across the rest of the week remains to be seen.

Citibank

Standard 30 year FRM interest rates at Citi Mortgage (NYSE:C) are being quoted at 3.375% with an APR of 3.530% today.  15 year loan deals at the bank are coming out at 2.750% yielding an APR of 3.006% today.

Standard 30 year refinance FRMs at Citibank can be had for 3.500% and an APR of 3.640%.  The shorter term 15 year refinance fixed rate loans stand at 2.875% and APR of 3.123%.

GMAC

The best 30 year FRM interest rates at GMAC Mortgage are being quoted at 3.625% with an APR of 3.651%.  30 year VA FRM interest rates have been listed at 3.375% carrying an APR of 3.650%.

The short term, popular 15 year FRM interest rates are available starting at 3.125% and an APR of 3.136% today.

As far as ARMs go, 5 year loans at GMAC Mortgage are being quoted at 3.000% yielding an APR of 3.169% at present.  Jumbo ARMs in the 5 year category are available starting at 3.125%  carrying an APR of 3.169%.

Standard 30 year refinance loan deals can be had for 3.500% at GMAC Mortgage yielding an APR of 3.577% today.  VA 30 year refi FRMs have been published at 3.375% carrying an APR of 3.683%.  The short term 15 year refinance fixed rate mortgage interest rates at the bank are on the books at 3.125% and APR of 3.211% today.

The 5/1 ARM deals at GMAC are listed at 3.000% with an APR of 3.134%.  As far as refi Jumbo ARMs go, 5 year loans are being offered for 3.125% with an APR of 3.140% to start.


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