Citigroup have released their quotes today for the interest rates for the mortgage rates available at their bank, starting with the 30 year FRM at 4.250% with an APR of 4.458% followed by the 15 year FRM which is quoted at 3.375% with an APR of 3.694%. Refinance rates are also made available today by means of the 30 year refinance at 4.375% with an APR of 4.567%, and the 15 year refinance which is made available at the bank at an interest rate of 3.500% with an APR f 3.755%.
Moving on to the next bank’s offer for the 30 year FRM, BB&T released their quote at 3.875% with an APR of 4.458%. Also available is the 20 year FRM offered by the bank today at 3.375% with an APR of 3.984%. Also made available today by BB&T is the 15 year FRM that can be had at the bank at an interest rate of 4.375% with an APR of 4.908%. The much shorter term of 10 year FRM is also announced by the bank to be available at 3.875% with an APR of 4.510%.
Last among this batch is the quotes of SunTrust, their quote for the 30 year FRM is 4.400% with an APR of 4.5299%. FHA also released theirs at 4.300% with an APR of 5.9287%. The 30 year jumbo fixed rate is listed at 4.490% with an APR of 4.5877%. The shorter term of 15 year FRM is announced at 3.375% with an APR of 3.5749%. Adjustable deals are available by means of the 7 year ARM at 3.800% with an APR of 3.4218% and the 5 year ARM at 3.400% with an APR of 3.1657%.
BB&T holds today’s lowest quote for the 30 year FRM at 3.875% compared to the released rate of 4.250% of Citigroup and the 4.400% of SunTrust.
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.