Mortgage Rates Today: PNC Bank Interest Rates in Line with Competition

October 12, 2011 / Russell Legato, Residential Property Analyst

PNC Bank (NYSE:PNC) is entering the centre stages of the week by offering a range of attractive mortgage packages for both home purchase and refinance deals, most of which are very much in line with the rest of the major lenders of the US, not to mention the all important national averages.

Mortgage Rates Today: PNC Bank Interest Rates in Line with Competition

With regard to home purchase loans, the standard 30 year fixed term deal can be taken out with an interest rate of 4.125% and an APR of 4.299%, while the alternative 15 year term is now on offer for 3.375% and an APR of 3.635%.

The increasingly popular 10 year fixed term purchase deal is also excellent value today, being offered for 3.250% with a resulting APR of 3.519%.

For those looking to save a packet by locking in a refinance deal, the 30 year fixed term standard package is now being offered for 4.375% with a resulting APR of 4.527%, while the 15 year fixed term for refinance deals is at 3.750% and an attached APR of 4.010%.

As can be seen, there are excellent deals still out there to be had by both buyers and those looking to refinance, but the attractive terms are certainly slipping away as time goes by and in the eyes of many observers cannot possibly last a great deal longer.

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