The race is too close to call today by way of mortgage rates at Bank of America (NYSE:BAC) and Citibank (NYSE:C) – both of which are looking to end the week with the same strength as that of Monday.
Bank of America
30 year fixed rate loans are being offered for 3.250% at Bank of America (NYSE:BAC) and an APR of 3.409%. The shorter term, popular 15 year loan deals are listed at 2.750% yielding an APR of 3.057% today.
The 5/1 Adjustable Rate Mortgage interest rates are 2.500% at Bank of America with a starting APR of 3.086% which will change as interest rates adjust. ARM interest rates in the 7 year category are available starting at 2.625% currently with a starting APR of 3.083%.
The best 30 year refinance fixed rate mortgages are available starting at 3.500% at Bank of America today carrying an APR of 3.720%. Shorter term, popular 15 year refi FRMs are published at 2.750% and an APR of 3.126%.
In the ARM arena, 5 year refinance deals at Bank of America are published at 2.750% carrying an APR of 3.190%. 7/1 ARM interest rates are being quoted at 3.000% today with a starting APR of 3.253%.
30 year fixed rate loan interest rates start at 3.250% at Citi Mortgage (NYSE:C) and APR of 3.424% today. The shorter term, popular 15 year FRMs are listed at 2.625% today with an APR of 2.953%.
30 year refinance loan interest rates are available starting at 3.375% at Citibank and an APR of 3.535%. Shorter term 15 year refi fixed rate mortgages are available starting at 2.750% with an APR of 3.070% today.