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Citibank 30 Year Fixed Rates for 2010
CitiGroup is advertising mortgage rates that are at or just above 5% on a refinanced 30-year fixed-rate mortgage, which can benefit homeowners who are seeking to lower their monthly payment on their mortgage. CitiGroup advertises the benefits of their 30-year fixed-rate mortgage on their website and cite lower mortgage payments, accessing home equity, and reduction in the term and interest to shorten the life of a mortgage loan as benefits of doing so.
CitiGroup has been highly praised as of late for their work with homeowners in the loan modification process and suspending foreclosures on homeowners. With these acts, among other things, CitiGroup is said to be a help to homeowners in need and are working with homeowners to refinance their mortgages.
However, there have been those who don’t qualify for a home loan modification from CitiGroup, but there could still be mortgage assistance in the form of the 30-year fixed-rate mortgage if a homeowner can gain a lower rate by refinancing.
Since interest rates are still low, but on the rise, anyone looking for mortgage assistance through refinancing for a 30-year fixed-rate mortgage, it’s a case of the sooner the better. If you wish to refinance, particularly for a 30-year fixed-rate mortgage, a low interest rate is what makes the difference seeing as how a higher rate may do little, if anything to help.
So, look for the best rate you can find for refinancing on a 30-year fixed-rate mortgage if you are in need of mortgage assistance or a lower monthly mortgage payment.
Ahorre January 4, 2010 10:17 AM