Current Mortgage rates of Citigroup, BB&T and SunTrust Bank (7/30)

Current Mortgage rates of Citigroup BB&T and SunTrust Bank 7-30Today, Citigroup’s offer for the 30 year fixed rate mortgage is at 4.375% yielding an annual percentage rate of 4.562%. For the shorter term 15 year FRM, it can be had at the bank for 3.500% with an APR of 3.783%. Refinance options are also available at the bank; the 30 year refinance is available at 4.500% carrying an APR of4.661%. For the 15 year refinance, it can be had at 3.500% with an APR of 3.829%.

BB&T also released their offer for the 30 year FRM; it is quoted at the bank today at 4.000% with an APR of 4.113%. 20 year FRM from the bank is at 3.500% with an APR of 4.092%. The shorter term of 15 year FRM can be had at 4.500% with an APR of 4.991%. For the much shorter term of 10 year FRM, it is available at 4.000% with an APR of 4.638%. Refinance rates are also made available at the bank, the 30 year refinance can be had at 4.000% with an APR of 4.113%. The 15 year refinance is available at 4.500% with an APR of 4.991%. The shorter term 10 year refinance is available at 4.000% having an equivalent APR of 4.638%.

 

For the SunTrust Bank offers, the 30 year FRM can be had at 4.490% with an APR of 4.620%. The 15 year FRM is made available today at 3.490%. Adjustable rates of 5 years and 7 years are also available today. The 5 year ARM is available at 3.490% carrying with it an APR of 3.202%. The 7 year ARM is at 3.875 with a corresponding APR of 3.455%.

Among the three banks, BB&T holds the lowest offer of rates today for the 30 year FRM. It can be had at a lower rate of 4.000% compared to Citigroup’s 4.375% and SunTrust’s 4.490%.

Disclaimer: The rates quoted above are basically the average advertised by a particular lending company. No guarantee of taken from the lender’ aspect whether the borrower will qualify for the mortgage rates mentioned in the article. The lenders dole out interest depending upon various facets, some of which may be unique to the borrower.

For comments and suggestions, leave a message in the comments section below. Like and Follow our Facebook page for more stories and to stay up-to-date with the latest happenings.

About the author

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