In the exclusive home loan division, the bank attempts to please its customers, who are not interested in the long term home loan deals and aren’t satisfied with the 15 year offers, through some impressive deals. As of now, the mortgage shoppers can find 20 year fixed rate mortgage deals listed at an interest rate of 4.000% and carrying an APR yield of 4.532%. The shortest, 10 year fixed rate mortgage loans, can also be seen listed in the bank’s books at an interest price of 3.000% and an APR yield of 3.714% today.
The mortgage interest rates published by the bank move up or down depending upon the changes experienced by the price of mortgage backed bonds and securities traded in the financial market, which are known to track the movements of stock market on a normal trading day. As the stock market tasted a fall towards the end of the trading day, leaving the DJIA index stranded at 15337.70, BB&T decided to move in the same direction and quote its average home loan rates. Regardless of the mortgage rates, the stock prices of BBT shares continue to increase by +0.40 and closed at a new price mark of 35.72.
Talking about the latest robbery at the Bonita Springs branch of BB&T bank, coming out clean didn’t really work in favor of the robber. According to the description, the robber was white, bearded man wearing dark shirt and pants, and carrying a bag. The suspect tried to change his appearance by shaving his beard and putting on a new pair of clothes, but was caught by the police. It was the bunch of unshaven hair left on his head and the strong smell of after shave lotion that give police a hint, who managed to arrest, Robert Souza for robbing the local branch.
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.