PNC Bank a Safe Choice for Low Interest on Refinance Mortgage Rates

October 24, 2011 / Russell Legato, Residential Property Analyst

PNC Bank (NYSE:PNC) have begun the new week with a similar level of strength to that displayed at the close of last week. Their purchase and refinance packages this Monday morning are once again displaying excellent value for money across the board and those able to qualify for the lowest possible rates may find PNC to be the very best value provider above all others.

PNC Bank a Safe Choice for Low Interest on Refinance Mortgage Rates

In the case of the wide variety of packages available for new and used home purchase, the standard 30 year fixed term deal can be taken out for 4.000% and an APR amounting to 4.194%, while the shorter but equally popular 15 year term can be locked in for 3.250% and an APR of 3.564%.

Slightly less conventional 20 year terms can be locked in for 3.875% and an APR figure of 4.068%, while the shorter 10 year purchase package is today being advertised for 3.250% and an APR of 3.456%.

Refinance packages are also offering similar high levels of value, with the 30 year fixed term contract being offered for 4.375% and an APR of 4.527%, while the 15 year fixed refinance deal can be locked in for 3.625% and an APR of 3.939%.

Further rises in most rates have been predicted for the near future at least, though with what appears to be continually diminishing interest from consumers across the board, fluctuations either way are likely to be seen as insignificant to the overall situation.

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