Monday Mortgage Rates from Citigroup, 10/14/2013

Current Mortgage rates of citigroup  10-14-13CitiGroup (NYSE: C) has been published their mortgage rates for today, October 14, 2013. The lenders Quarterly report is expected to be released within the next 24 hours at approximately 8:00 AM Eastern.

Citigroup is expected to post earnings of $1.04 per share (Low: $0.91 / High: $1.16) while the revenues are forecast to come in at $18.73 billion. This would exhibit a 34.2% increase from the prior year. (Yahoo! Finance)

In other news, the mortgage rates today for the best 30 year fixed rate refinance is listed at an increased rate from last week at 4.500%. The  accompanying APR (total cost of your mortgage including interest rates, closing costs, and fees over full term and expressed as a yearly rate) also exhibits a slight step increase at 4.607%.

The popular 15 year fixed rate refinance can be had today at a rate of 3.625% today with the corresponding APR being listed at 3.778% today.

Borrowers will find the 30 year purchase rate today at 4.375% with an APR rate of 4.519% which increased slightly.

Meanwhile, the 15 year purchase rate category from Citigroup has yielded a 3.500% interest rate, along with an APR rate of 3.709%.

Today, the APR rates across the board have increased, but only slightly from last week. The rates released by Citigroup are based on a “$200,000 single family primary residence in Los Angeles, California with a $150,000 mortgage and a purchase interest rate of 4.375%.”

Chase has made it possible to calculate a potential loan rate on their website with the available calculator tools and helpful information that is listed. More details on the loan types and terms are also listed on the site for interested borrowers.

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

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.

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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.