Mortgage Rates Today: PNC Friday Deals Maintain Week Long Strength

October 21, 2011 / Russell Legato, Residential Property Analyst

PNC Bank (NYSE:PNC) has spent much of the week close to or right at the very top when it comes to the best mortgage deals around, with Friday once again looking to follow suit. Both home purchase and refinance deals are available with quite exceptionally low interest rates, offering excellent opportunity for those still considering taking the plunge while the opportunity remains.

Mortgage Rates Today: PNC Friday Deals Maintain Week Long Strength

In the case of the home purchase deals being made available today, the standard 30 year fixed rate package can be locked in with an interest rate of 4.125% and an APR amounting to 4.310%, while the popular 15 year term on the other hand is available for 3.250% and an APR sum of 3.564%.

Moving on to the refinance options, similarly high levels of value are being offered by way of the 30 year fixed rate refinance package at 4.375% and an APR figure of 4.538%, while those looking to lock their rates in and clear their balance in 15 years can do so at a rate of 3.625% and an APR of 3.939%.

As the above figures clearly demonstrate, there is well and truly time available to lock in an excellent purchase or refinance deal before the current lows are gone once and for all.

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