Mortgage Rates Today: PNC Offering Rock Bottom Mortgage Rates

September 30, 2011 / Russell Legato, Residential Property Analyst

Along with most of the other major lenders across the US, PNC (NYSE:PNC) is mirroring the national average by offering a range of mortgage packages which have deviated from the rises see earlier this week, so as to remain at incredibly low levels and in some cases drop even further.

Mortgage Rates Today: PNC Offering Rock Bottom Mortgage Rates

For those looking to take advantage and secure a home purchase at the current low rates, 30 year fixed term deals are today being offered for 3.875% with a resulting APR of 4.014%, while the popular 15 year alternative is now at 3.250% with an APR of 2.416%.

There has also never been a better time to secure one of the most profitable refinance deals in history, with the 30 year fixed rate term today being offered for similar rates to those of new purchases, down in the case of the 30 year terms and holding steady for 15 year agreements.

Fluctuations in both directions are becoming the expected daily norm in the world of US mortgages at present, though it seems that even the lowest rates ever recorded are not enough to spur new interest in new home purchases, which are on for their most disappointing year in quite some time.

Articles other readers have found interesting...

Top News Stories:

Comments are closed.