Summary of Current Mortgage Interest Rates at BB&T on February 12, 2014

This Wednesday, the US based mortgage provider, Branch Banking and Trust (NYSE: BBT), made no change to the interest rates at which the standard home purchase loans coming. As per the most up to date mortgage information available for the mortgage shoppers on February 12, 2014, the benchmark 30 year fixed mortgage interest rates can be seen hanging around the same spot as yesterday.

Today, the mortgage home loan shoppers can find the standard, 30 year fixed rate mortgage home loan deals coming out at the same interest rate of 3.625% and an annual percentage rate of 3.925%. However, the relatively shorter, 15 year fixed rate mortgage home loan packages can be found sitting next to an interest charge of 4.250% and being accompanied by an annual return rate of 4.783%.

For the borrowers who find 30 year fixed rate mortgage loans to be a bit expensive and aren’t satisfied with the annual yield offered by the 15 year home loan deals, the mortgage lender offers its exclusive, midterm, 20 year fixed rate mortgage home loan packages at an interest price of 3.250% and an annual return rate of 3.897% today. However, the shortest, 10 year fixed rate mortgage deals can also be locked in, by the interested borrowers, at a lending rate of 3.250% and an APR yield of 3.897%.

When it comes to the refinancing options, the bank publishes the popular 30 year fixed rate mortgage plans in its loan books at an interest rate of 3.625% and an APR yield equivalent to 3.925% today. On the other hand, the short term, 15 year refinancing fixed rate mortgage home loans can be secured at a lending cost of 4.250% and an annual return rate of 4.7835 this Wednesday.

In the unique refinancing home loan section, the interest mortgagors can find the midterm, 20 year fixed rate mortgage home loans at an interest rate of 3.250% and an annual percentage rate of 3.897% today. Alternatively, the shortest, 10 year refinancing fixed rate mortgage deals can be secured at an interest rate of 3.625% and an annual percentage yield of 4.452%.

At a recent hearing of the case of using names of 16 NFL players to open false accounts and withdrawing over $53 million without obtaining prior permission from them, the attorneys of the players are putting the blame directly on BB&T for the actions of Pro Sports Financial Inc.

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.