CitiBank Mortgage Rates: Today’s Mortgage Rates at 3.75%

CitiMortgage, the mortgage arm of CitiBank, is advertising mortgage rates that are very competitive. Today's mortgage rates on 30 year conforming loans are being offered at 3.75 percent with 1.125 points. CitiMortgage's 30 year advertised rate is just above the average mortgage rates today. The national average 30 year rate is at 3.66 percent.

CitiMortgage is also advertising 30 year conforming mortgage loans at 4.00 percent with zero mortgage points. The advertised 30 year conforming mortgage rates are for home purchases and refinances. If you own a home and haven't refinance in the past year you should look into refinancing since current refinance rates are at record lows.

15 year mortgage rates offered by CitiMortgage are also very competitive for both home purchases and refinances. CitiBank mortgage rates on 15 year conforming loans are advertised at 3.50 percent with minus 0.125 points. You can also pay 1.125 points and get a 15 year rate of 3.125 percent which is about 10 basis points above the current national average 15 year rate.

As with any advertised mortgage rates there are assumptions associated with the rates above. The rates are for a person who has excellent credit. The loan-to-value ratio of 75% which means you are borrowing 75% of the total home's value. There is also a 60-day rate lock period for mortgage loan application processing.

You can get your own mortgage rate quote at citimortgage.com. You can also speak to one of CitiMortgage's Mortgage Consultants at 1-800-248-4638.

There are also other mortgage rate/point combinations you can get from CitiMortgage including adjustable mortgages. Besides conforming loans  CitiMortgage also offers FHA loans, VA loans, jumbo loans. 

CitiMortgage also offers a rate alert that you can sign up for and get alerts when rates meet your criteria.