Mortgage Rates Today: Citigroup, BB&T and SunTrust Bank (8/10/2013)

Mortgage Rates Today Citigroup BB&T and SunTrust Bank 8-10-13Today, Citigroup has released their quote for the 30 year fixed rate mortgage that can be had at the bank at an interest rate of 4.500% with an annual percentage rate of 4.623%, followed by their quote for the 15 year FRM which can be had at 3.500% with an APR of 3.746%. Refinance rates are also published by the bank today, starting at the 30 year refinance at 4.500% with an APR of 4.650%, ending with the 15 year FRM which is at 3.750% with an APR of 3.895%.

BB&T is also among the banks that have released their rates for today. The 30 year FRM can be had at the bank at an interest rate of 3.875% with an APR of 4.018%. Next is the 20 year FRM which can be had at 3.375% with an APR of 4.021%. The shorter term 15 year FRM is available at 4.500% with an APR of 4.990%. The much shorter 10 year FRM can be had at 3.875% with an APR of 4.542%. Refinance rates are also available starting from the 30 year refinance at 3.875% with an APR of 4.018%, followed by the 20 year refinance at 3.375% with an APR of 4.021%. The shorter term of 15 year refinance can be availed at 4.500% with an APR of 4.990%.

 

Last are the rates of SunTrust Bank, starting at the 30 year FRM at 4.400% with an APR of 4.5274%.  FHA has theirs at 4.300% with an APR of 5.9303%. Next among the offered rates is the quote for the 15 year FRM which can be had at 3.400% with an APR of 3.5868%. Adjustable rates are also available in the form of the 7 year ARM at 3.8753% with an APR of 3.4530% and the 5 year ARM at 3.490% with an APR of 3.1892%.

SunTrust holds today’s lowest rate for the 30 year FRM at 4.400%, a lower rate than Citigroup and BB&T.

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.

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About the author

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