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Today’s mortgage rates quoted by Bank of America, Wells Fargo and PNC Bank (Monday)

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Today’s mortgage rates quoted by Bank of America, Wells Fargo and PNC Bank (Monday)

Today’s mortgage rates quoted by BOA Wells Fargo and PNC BankThe 30-year fixed rate mortgage offered by Bank of America was advertized at 4.500% yielding an APR of 4.624%. On the other hand, the shorter-term 15-year fixed rate mortgages were offered at an interest rate of 3.865%, which acquired an APR of 4.057%. Looking at the Adjustable rate mortgages, the 5-year loans were offered at an interest rate of 3.625%, which further yielded an APR of 3.248%. The 7-year Adjustable rate mortgages (ARM) were offered at an interest rate of 4.250% acquiring an APR of 3.639%.

Looking at the Wells Fargo the 30 year fixed rate mortgages were similar to that of BOA, which were again quoted at an interest of rate of 4.500% acquiring an APR of 4.864%. The short-term 15 year fixed rate mortgages offered by the bank were at an interest rate of 3.500% capitulating an APR of 3.999%. The 5-year categories were advertised at an interest rate of 2.750% yielding an APR of about 2.807%. The Standard 30-year refinance loans at the Wells Faro were offered at an interest rate of 4.625% yielding an APR of 4.799%.

The PNC bank on the other hand offered the 30-year fixed rate mortgages at an interest rate of 4.375% capitulating an APR of 4.531%. The shorter-term 15-year fixed rate mortgages were offered at an interest rate of 3.375% capitulating an APR of 3.635%. The 10-year loans were offered at an interest rate of 3.125% acquiring an APR of 3.526%. The popular 30-year refinance loans were offered at an interest rate of 4.625% acquiring an APR of 4.759%. In addition, the best 15-year refinance loans were offered at an interest rate of 3.500% yielding an APR of 3.775%.

Comparing the three banks PNC offered the lowest 30 year fixed rate mortgages at an interest rate of 4.375%. In addition, the 15 year FRM’s were offered at 3.865%, 3.500% and 3.375% by BOA, Wells Fargo and PNC respectively.

Disclaimer: The rates quoted above are basically the average advertised by a particular lending company. No guarantee of taken from the lender’ aspect whether the borrower will qualify for the mortgage rates mentioned in the article. The lenders dole out interest depending upon various facets, some of which may be unique to the borrower. This website does not engage in the sale or promotion of financial products and makes no claims as to the accuracy of the quotation of interest rates.

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