Citigroup: Mortgage Rates Increase Slightly For November 12 As Shares Close Higher

Mortgage Rates Increase Slightly todayCitigroup (NYSE: C) rates have been published for November 12, 2013 as of 3:06 PM EST.

The 30 year refinance category is on the books today at an increased rate of 4.625% with a corresponding APR (total cost of your mortgage including interest rates, closing costs, fees and lender points over its full term, expressed as a yearly rate. The APR can more accurately represent the true cost of a loan) rate of 4.722%, which increased from yesterday.

The popular 15 Year Fixed Rate refinance is on the books today at an unchanged rate of 3.750% with a corresponding APR of 3.895%.

Borrowers are asked submit a request on the lenders website to start the mortgage application process or contact a Citigroup Mortgage specialist at the closest branch.

The 30 year purchase interest rate at Citigroup Mortgage is on the books today for a rate of 4.500% with a slightly increased APR rate of 4.656%.

If interested in a purchase or refinance loan, please do contact the lender directly to speak with a mortgage advisor by calling 1800-248-4638. Or keep up with the news on the website.

The 15 year purchase rate category from Citigroup, exhibits an interest rate value of 3.625% and an increased APR rate of 3.816%.

For up to the minute rate coverage, please visit the lenders website or call the branch closest to you.

Citigroup works with their clients in obtaining a mortgage from pre-approval through closing, Citigroups expert Mortgage Consultants will guide you throughout the home buying process.

Whether you’re a first-time home buyer or a seasoned investor, the lender offers a variety of mortgage finance options and benefits.

Shares closed the day 0.46% higher at $50.17. A total of 16.81 million shares were traded, and the company’s shares have gained 3.19%. Citigroup Inc.’s stock is trading above its 50-day and 200-day moving averages of $49.67 and $48.19, respectively.

Disclaimer: The advertised rates were submitted by each individual lender/broker on the date indicated. Rate/APR terms offered by advertisers may differ from those listed above based on the creditworthiness of the borrower and other differences between an individual loan and the loan criteria used for the quotes.

For comments and suggestions, leave a message in the comments section below. Like and Follow our Facebook page for more stories and to stay up-to-date with the latest happenings.

About the author

L.J is a contributor covering financial mortgage rates. A freelance writer for various online publications with a great interest in real estate investment.