Current Refinance Rates Today: 30-Year and 15-Year Fixed Mortgage Rates at PNC Bank for July 21

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Current Refinance Rates Today: 30-Year and 15-Year Fixed Mortgage Rates at PNC Bank for July 21Last Friday was a good day for U.S. mortgage shoppers as several lenders reduced interest rates on select loan packages. That was the case at Pittsburgh-headquartered loan provider PNC Bank (NYSE:PNC) as well, as the bank lowered rates on some of its mortgage loans. And an even better news for borrowers, that now we are seeing further improvements in mortgage rates at this lender.

One of the home refinance loans, which carries a lower mortgage interest rate today at PNC Bank is the 30-year FRM. According to the latest data from the lender, this type of loan is now quoted at a rate of 4.477% – 4.518%, down compared to the previous rate quote (4.488% – 4.579%) from Friday. Those opting for the mid-term, 20-year fixed mortgage, can expect to pay 4.136% – 4.296% in interest. This is a slightly lower interest rate compared to the former 4.150% – 4.296% that it held last week. Moving on to shorter-term mortgages, the 15-year fixed loan package is coming out at a rate of 3.581% – 3.740% on Monday. PNC Bank’s short-term 10-year home refinance loan has an asking rate of 3.462% – 3.603%, unchanged since Friday. Detailed information on the lender’s current mortgage rates can be found below.

PNC Bank has been offering excellent mortgage rates under both its home purchase and refinance programs, so those who are looking to invest either in a new / used home or to refinance an existing mortgage, may find some suitable loan products at this bank.

PNC Bank Home Purchase Rates

30-Year Fixed Mortgage: 4.260% – 4.456%, 4.250% – 4.625% APR
20-Year Fixed Mortgage: 4.027% – 4.077%, 4.000% – 4.250% APR
15-Year Fixed Mortgage: 3.422% – 3.528%, 3.500% – 3.750% APR
10-Year Fixed Mortgage: 3.140% – 3.278%, 3.125% – 3.625% APR

The rate information provided assumes the purpose of the mortgage loan is to purchase a property, an existing single family home to be used as a primary residence with a loan amount of $200,000. The property is located in Chicago, IL. The interest rate reflects a 30 day rate lock period. The actual mortgage interest rate will depend on a number of factors including but not limited to loan type, credit profile, property type, appraised value, occupancy and loan size.

PNC Bank Refinance Rates

30-Year Fixed Mortgage: 4.477% – 4.518%, 4.500% – 4.625% APR
20-Year Fixed Mortgage: 4.136% – 4.296%, 4.125% – 4.500% APR
15-Year Fixed Mortgage: 3.581% – 3.740%, 3.625% – 4.000% APR
10-Year Fixed Mortgage: 3.462% – 3.603%, 3.500% – 3.875% APR

The rate information provided assumes the purpose of the mortgage loan is to refinance an existing mortgage with a loan amount of $200,000. The property is located in Chicago, IL. The interest rate reflects a 45 day rate lock period. The actual mortgage interest rate will depend on a number of factors including but not limited to loan type, credit profile, property type, appraised value, occupancy and loan size.

► Compare Today’s Mortgage Rates and Find The Best Loans

Please, note that the current mortgage interest rates above are only estimates. Mortgage rates may vary without prior notice from the lender and are subject to change based on location, geography and other terms and conditions. The annual percentage rates (APR) were made based on discount points, origination fees, average loan fees and closing costs.

As far a current national average interest rates are concerned, Freddie Mac published the results of its weekly Primary Mortgage Market Survey (PMMS) last week, which revealed that the average rate on the 30-year fixed mortgage drifted lower by 3 basis points to 4.12%. As for the 15-year FRM, the national average rate eased to 3.23%, the Virginia-based mortgage-buyer reported in its weekly survey.

More details on PNC Bank’s latest mortgage interest rates, borrowing terms and conditions, as well as information on other loan options, can be found on the financial institution’s website.