Little significant movement to report at Bank of America (NYSE:BAC) and Citibank (NYSE:C) today, with both lenders offering home purchase and refinance deals of rock-solid value for borrowers on the hunt for a post-Christmas bargain.
Bank of America
Standard 30 year FRM interest rates have been published at 3.250% at Bank of America (NYSE:BAC) and an APR of 3.415% today. The short term, popular 15 year loans can be had for 2.750% yielding an APR of 3.028%.
In the ARM arena, 5 year loans are being quoted at 2.500% at Bank of America carrying an APR of 3.051% to start.
The best 30 year refinance fixed rate mortgage interest rates at Bank of America have been listed at 3.500% with an APR of 3.616% today. Shorter term 15 year refinance loans at the bank are coming out at 2.750% yielding an APR of 2.973% today. 5/1 Adjustable Rate Mortgages have been listed at 2.500% at Bank of America showing an APR of 3.041%.
The best 30 year FRMs at Citi Mortgage (NYSE:C) can be had for 3.375% carrying an APR of 3.530%. Popular 15 year fixed rate loan interest rates are coming out at 2.750% and APR of 3.006% today.
The benchmark 30 year refinance loan deals at Citibank are being quoted at 3.500% with an APR of 3.640%. The short term, popular 15 year refinance FRMs are available starting at 2.875% today with an APR of 3.123%.