Citibank is advertising some very competitive mortgage rates. We received quotes for refinaning a $300,000 mortgage in California with a loan-to-value (LTV) ratio of 66%. These refinance quotes for for a single family home. You can get several mortgage rate quotes on Citibank’s website.

The lowest refinance rate we received was for a 10 year mortgage. The mortgage rate was 4.25% with 0.75 mortgage discount points. Mortgage points allow you to buy down the mortgage rate. You can receive multiple mortgage quotes from any credit union or bank with any combination of mortgage points.

Here are the refinance rates we were quoted.

30 Year Fixed Mortgage Rate

Rate Points APR Closing Fees Payment Total Cost Apply
5.000% 0.375% 5.086% $3,856.00 $1,610.46
5.125% 0.000% 5.178% $1,981.00 $1,633.46
5.250% 0.000% 5.303% $481.00 $1,656.61

20 Year Fixed Mortgage Rate

Rate Points APR Closing Fees Payment Total Cost Apply
4.625% 0.500% 4.755% $4,231.00 $1,918.25
4.750% 0.000% 4.821% $1,606.00 $1,938.67
4.875% 0.000% 4.946% $1,231.00 $1,959.21

15 Year Fixed Mortgage Rate

Rate Points APR Closing Fees Payment Total Cost Apply
4.250% 0.750% 4.452% $4,981.00 $2,256.84
4.375% 0.000% 4.464% $2,731.00 $2,275.86
4.500% 0.000% 4.589% $1,231.00 $2,294.98

10 Year Fixed Mortgage Rate

Rate Points APR Closing Fees Payment Total Cost Apply
4.000% 0.750% 4.289% $4,981.00 $3,037.35
4.125% 0.125% 4.280% $3,106.00 $3,055.21
4.250% 0.000% 4.378% $856.00 $3,073.13

For more information on Citibank mortgage rates and refinance rates visit: Citibank.com