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Current Mortgage Rates Higher; Citigroup Inc. (NYSE:C) And Other Giant Banks Lift Loan Rates – (WFC, SAN, USB, BCS, UBS, HBC)
Current mortgage interest rates moved higher Friday as capital markets moved from safe-havens to stocks. BofA, U.S. Bancorp (NYSE:USB), Wells Fargo & Company (NYSE:WFC) and Citigroup Inc. (NYSE:C) all increased their conventional loan rates. The Federal Home Loan Mortgage Corp. reported a gain of seven bps to 2.99 percent for their 30-year 60-day required net…