Citibank (NYSE:C) is still occupying a prime position right at the top of the US lending market today, while GMAC follows a few steps behind with considerably less competitive home purchase and refinance mortgage rates.
The benchmark 30 year fixed rate mortgages at Citi Mortgage (NYSE:C) have been quoted at 3.250% today yielding an APR of 3.455%. The short term 15 year fixed rate mortgage interest rates have been listed at 2.625% carrying an APR of 2.953%.
The benchmark 30 year refinance loan deals have been quoted at 3.375% at Citi Mortgage with an APR of 3.555% today. The short term, popular 15 year refinance loans have been listed at 2.875% and APR of 3.123% today.
The benchmark 30 year fixed rate loan interest rates are 3.625% at GMAC Mortgage today and an APR of 3.630%. 30 year VA loan interest rates are 3.250% yielding an APR of 3.523%.
The short term, popular 15 year FRM interest rates at the bank are listed at 3.000% carrying an APR of 3.047%.
The 5 year ARM loans are coming out at 3.000% at GMAC yielding an APR of 3.183%. 5 year Jumbo ARM loans stand at 3.250% with an APR of 3.183%.
The best 30 year refinance FRM interest rates are on the books at 3.500% at GMAC yielding an APR of 3.557% today. VA 30 year refi interest rates are listed at 3.250% with an APR of 3.556%. Popular 15 year refi fixed rate mortgages have been published at 3.000% carrying an APR of 3.121% today.
5/1 Adjustable Rate Mortgages at GMAC start at 3.000% with an APR of 3.124%. 5 year refi Jumbo Adjustable Rate Mortgages can be had for 3.000% yielding an APR of 3.096% to start.