BB&T Made No Change to its Mortgage Interest Rates on April 15, 2014

Current Mortgage Interest Rates on April 15, 2014As per the new mortgage information released by the US based mortgage provider, Branch Banking and Trust Corp (NYSE: BBT), there is no absolute change in the figures of benchmark 30 year fixed mortgage interest rates on April 15, 2014. The mortgage shoppers, who are planning on securing home purchase or refinancing loans from BB&T today, will find no the ideal mortgage options being traded at the same interest rates as yesterday, which will hardly affect the overall demand of mortgage loans in the market.

As of now, the standard, long term, 30 year fixed mortgage home loan deals can be seen coming out at an interest rate of 4.250% and being backed by an annual percentage rate of 4.783%. For the borrowers, who are planning on taking the short term route for financing their realty investment, the lender is now offering the best, 15 year fixed rate mortgage home plans at an interest price of 3.250% and an APR yield of 3.897% this Tuesday.For the borrowers, who are finding it difficult to digest the high interest rates that accompany 30 year mortgage deals, or are not happy with the return rates offered by the short term options, the exclusive, midterm, 20 year fixed rate mortgage home loans would be a perfect choice at an interest cost of 4.000% and APR yield of 4.547% today. However, the shortest, 10 year fixed mortgage home loan options can also be spotted in the bank’s portfolio listed next to an interest rate of 2.875% and an APR yield of 3.642% today.

Shifting sights towards the refinancing mortgage division, the mortgage shoppers can spot the popular 30 year fixed rate mortgage loans being traded at a lending rate of 3.750% and an annual percentage return of 3.883%. On the other hand, the short term, 15 year counterparts of the 30 year refinancing fixed rate mortgage packages can be seen published next to an interest rate of 4.375% and an APR yield of 4.898% today.

In the exclusive refinancing mortgage division, the interested borrowers can find the midterm, 20 year refinancing fixed rate mortgage home loans being advertised at an interest cost of 3.375% and carrying an annual percentage yield of 3.967% today. On the other hand, the shortest, 10 year refinancing fixed rate mortgage home loan deals can now be locked in by the borrowers, who can bear a lending rate of 3.750% and agree to an annual percentage yield of 4.406% this Tuesday.

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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About the author

Rob is a analyst and reporter covering stocks and business news.