Current Mortgage Rates of BB&T (November 13, 2013)

Current Mortgage Rates of BB&TBB&T (NYSE: BBT) published the same 30 year fixed mortgage rates on Wednesday, November 13, 2013.

BB&T, one of the prime financial institutions in regards to home lending, quoted its standard 30 year fixed rate mortgage plans at the rate of 3.875% today, along with an annual percentage rate of 3.987%. The relatively shorter, 20 year fixed rate mortgages are labelled with an interest charge of 3.250% and carry an APR yield of 3.895%.

For the mortgagors who are looking for financing options with an even shorter time period can opt for the 15 year fixed rate mortgages, which are today quoted at a rate of 4.375% and an APR yield of 4.876% in the bank’s books. The 10 year fixed rate mortgages are also provided by the lender at a rate of 3.875% and carry an APR yield of 4.510%.

In the refinancing wing of the home loan department, BB&T caters to the need of those borrowers who aren’t willing to go for new loan options. As of now, the bank lists its 30 year refinancing fixed rate mortgages at a rate of 3.875%, along with an APR yield of 4.018%. The short term, 15 year refinancing FRM options, are now available at a rate of 4.375% and are accompanied by an annual percentage yield of 4.908%.

In the unique refinancing category, the bank quotes 20 year refinancing fixed rate mortgages at a rate of 3.250% and come along with an APR yield of 3.933%. Lastly, the best 10 year refinancing fixed rate mortgage options are now charged with an interest equivalent 3.875% and carry an APR yield of 4.543%.

BB&T wealth, one of the top wealth management names in the nation, announced to open its first physical office in the Dallas, Texas region. The company is known for its wide range of products and services including financial planning, insurance, lending, asset management and personal trust & estate services.

The bank is looking forward to add a wide range of new services to its already existing base of banking services in the Dallas region. It aims at catering to the wide array of personal and business banking needs of the customers located in Texas with the help of this new branch.

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.