As 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.
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.
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