The best 30 year FRM interest rates at Citizens Bank have been offered at 4.251 carrying an APR of 4.278 today. Shorter term, popular 15 year fixed rate mortgages can be had for 3.500 at the bank and an APR of 3.548.
The 3/1 Adjustable Rate Mortgage interest rates have been published at 3.250 currently showing an APR of 2.982. As far as ARMs go, 5 year interest rates at Citizens Bank are available starting at 3.000 and the APR is 2.943 on initial purchase. The 7 year ARM interest rates are published at 3.375 today yielding an APR of 3.131 to start.
Published refinance rates are steered by MBS prices that go up and down with the markets. Overall markets waned by close today putting the DJAI at 15,337.70 a decrease of -113.35.
Not surprisingly the bank were in synch with the markets. On the topic of stocks, the stock price of Citizens Bank increased to 10.79 up +0.75%.