Moving on separate path, Branch Banking and Trust Corp (NYSE: BBT) made no change to its benchmark 30 year fixed mortgage interest rates on April 30, 2014. This Wednesday, for the mortgage shoppers, who are planning on securing ideal home purchase loans or refinancing home loan deals, will find no pleasant or unpleasant change in the lending rates as compared to the yesterday’s rates, thereby making no change in the demand of BBT loan products in the market.
As of now, in the most up to date mortgage information released by the bank, the potential home buyers can find the standard, long term, 30 year fixed rate mortgage loans published next to an interest rate of 4.375% and an annual percentage rate of 4.866%. On the contrary, the borrowers, who are looking forward to move down a shorter route for financing their home purchase, the popular 15 year fixed rate mortgage home loans would be an ideal pick at an interest rate of 3.375% and an APR yield of 3.948% today.
For the borrowers, who are looking for a safe haven between the standard 30 year deals and the relatively shorter 15 year plans, BB&T offers it’s unique, 20 year, midterm, fixed rate mortgage home loans at an interest rate of 4.000% and an annual percentage rate of 4.577% today. On the other hand, the shortest, 10 year fixed rate mortgage options stand quoted at an interest price of 3.000% and backed by an APR yield of 3.661%.
When it comes to the refinancing mortgage arena, BB&T offers the popular 30 year fixed rate mortgage home loans at a lending rate of 3.750%, which are now accompanied by an annual percentage yield of 3.883%. Shifting sights towards the short term refinancing deals, the bank is now offering its best 15 year refinancing fixed rate mortgage home loans at an interest rate of 4.375% and an annual return rate of 4.898% this Wednesday.
In the exclusive housing finance section, for the mortgage shoppers who aren’t really satisfied with the standard long term and short term home loan deals, the US based mortgage lender is providing the unique 20 year, midterm, refinancing fixed rate mortgage options at an interest price of 3.375% and an APR yield of 3.967% at the end of this month. On the contrary, the 10 year refinancing fixed rate home loan deals can be locked in at an interest price of 3.750% and an annual percentage return of 4.406%.
Disclaimer: The advertised rates were submitted by each individual lender/broker on the date indicated. Rate/APR terms offered by advertisers may differ from those listed above based on the creditworthiness of the borrower and other differences between an individual loan and the loan criteria used for the quotes.
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