The race for the top of the lending ladder is today too close to call between US Bank (NYSE:USB) and Citibank (NYSE:C), with mortgage rates at both coming out largely neck and neck across most popular home purchase packages.
The best 30 year FRM interest rates at Citi Mortgage (NYSE:C) are being offered for 3.250% and an APR of 3.444%. Shorter term 15 year loan interest rates have been listed at 2.625% today and an APR of 2.989%.
The best 30 year refinance loan interest rates at Citi Mortgage are 3.375% today with an APR of 3.555%. Popular 15 year refi loan interest rates are on the books at 2.875% today and an APR of 3.123%.
The best 30 year loan interest rates are listed at 3.250% at US Bankcorp (NYSE:USB) with an APR of 3.461% today. The FHA options for the 30 year mortgages at the bank are being quoted at 3.250% yielding a bit higher APR than the conventional loan of 3.791%.
The best 30 year jumbo fixed rate mortgage interest rates stand at 3.750% carrying an APR of 3.894%.
The shorter term, popular 15 year fixed rate mortgages stand at 2.500% carrying an APR of 2.821% today.
15 year FHA fixed rate loan interest rates stand at 2.750% carrying an APR of 3.433%. 15 year Jumbo fixed rate loan interest rates are being quoted at 2.750% and APR of 3.000% today.
10 year FRMs have been published at 2.375% with an APR of 2.946%.
The 3/1 Adjustable Rate Mortgages stand at 3.375% currently carrying an APR of 3.628%. 5/1 ARM interest rates at US Bank start at 2.875% and an APR of 3.420%.