The PNC Bank unveiled its interest rates today on the standard 30-year fixed rate mortgage loans which have been listed at 4.625% making the corresponding APR to be 4.762%. In contrast to this, the shorter term popular 15-year fixed rate mortgage loans can be had at the bank today at an interest rate of 3.500% at a corresponding APR of 3.743%. The interest rates on the 30-year and 15-year fixed rate mortgage loans were quoted yesterday at 4.625% and 3.500% respectively. Therefore, the interest rates as well the annual percentage rates have been kept constant by the bank since the last two days.
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The still shorter term 10-year fixed rate mortgage loans are being made available by the bank today at an interest rate of 3.250% which yields a subsequent APR of 3.707%. The interest rates as well as the annual percentage rates on this category of loans have been kept the same as yesterday. On the other hand, the best 20-year fixed rate mortgage loans have been quoted today at an interest rate of 4.250% which makes the corresponding APR to be 4.493%. Yet again, neither the interest rates nor the annual percentage rates have witnessed any change as on today.
The interest rates on the 30-year refinance fixed rate loans are on the books at 4.750% which capitulates a corresponding APR of 4.896%. The interest rates on this category of loans have also been found to be the same as yesterday. In addition to this, the interest rates on the 15-year refinance fixed rate loans are coming out today at 3.625% with a corresponding APR of 3.902%. The interest rates on this class of loans have also remained unchanged.
Moving on, the interest rates on the 10-year refinance fixed rate deals stood today at 3.500% corresponding to an APR of 3.872%. Adding more on the information, the 20-year refinance FRM loans can be had for 4.375% yielding an APR of 4.630%. Both the interest rates as well as the APRs on both the classes of loans mentioned above have been found to be stable.
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.