The potential customers, who are looking forward to acquire a new home loan or opt for refinancing options, will be quite pleased to see the home loan rates being cut down a bit as compared to the past of couple of days.
According to this new publication, the standard 30 year fixed rate mortgage home loan deals can be had at an interest rate of 4.000%, which are accompanied by an annual percentage rate of 4.122% today. In the short term arena, the interested customers can find the 15 year fixed rate mortgage loans listed against a lending charge of 4.500% and an APR yield of 4.990% today.
In the unique lending division, the bank provides 20 year fixed rate mortgage loans to the interested borrowers at a lending cost of 3.375% and an annual percentage yield of 3.983%. However, the financing options with the least time period, the 10 year fixed rate mortgage deals can be had at an interest rate of 4.000% and an APR yield of 4.648%.
As far as the refinancing mortgage loans are considered, the lender provides 30 year fixed rate mortgage loans at a rate of 4.000% and carry an APR yield of 4.122% to start with. However, for those who want to take the shorter route towards refinancing, the 15 year fixed rate mortgage deals would be an ideal pick at a rate of 4.500% and an APR yield of 4.990%.
When talking about the exclusive refinancing options, the customers can find a treat in terms of 20 years refinancing fixed rate mortgage home loans, which are available at an interest rate of 3.375% and come along with an APR yield of 3.983% to start with. On the other hand, the shortest, 10 year refinancing fixed rate mortgage schemes are published against a lending charge of 4.000% and are accompanied by an APR yield of 3.983%.
Mortgage interest rates generally fluctuate because of the mortgage backed bonds and securities, which are known to track the stock market movements on a regular basis. As the securities dropped by the end of the trading day and left the DJIA index close to 15337.70, the mortgage rates at BB&T moved along with the same line. However, the prices of BBT shares elevated to a new level and reached 35.72 after an increase of +1.13%.
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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