Mortgage Rates Today: Citibank Daily Average Show Slight Fluctuations

September 28, 2011 / Elizabeth Buckley, Commercial Property Analyst

Mortgage Rates Today: Citibank Daily Average Show Slight FluctuationsCitibank (NYSE:C) began the week by offering a range of excellent and competitive mortgage products across the board and has continued to do exactly the same today. While many products and packages may be fractionally up on those seen earlier this week and in weeks gone by, they are still among some of the lowest seen in decades and represent an excellent opportunity for those looking to save a small fortune while they still have chance.

Mortgage Rates Today: Citibank Daily Average Show Slight Fluctuations

For those interested in making a home purchase, 30 year fixed term deals at Citibank are today being offered with an interest rate of 4.125% which equates to an APR of 4.514%, while the shorter 15 year fixed term deal can today be taken out with a rate of 3.375% and a resulting APR of 3.819%.

Refinance deals are also still at attractively low levels at Citibank today, with the 30 year fixed term agreement being offered for 4.125% with a resulting APR of 4.514%, while the 15 year term for those looking to clear their balance early is at 3.375% with a resulting APR of 3.819%.

Recent data released has conferment that average US house prices have increased slightly for the fourth consecutive month, which may be modest though conclusive evidence that things are starting to head in the right direction. However, with overall performance still massively down on previous years, the market still has a long way to go before standing any chance of emerging from the dark days.

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