Today’s Mortgage Rates carried by Citigroup, BB&T and SunTrust Bank (8/14/2013)

Today's Mortgage Rates by Citigroup BB&T SunTrust 8-14-13Citigroup have released their rates 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%. The 15 year FRM is also available at the bank at 3.375% with an APR of 3.694%. Refinance rates are also announced by the bank to be available this day starting from the 30 year refinance at 4.375% with an APR of 4.567%, followed by the 15 year refinance quote of the bank which is listed at 3.500% with an APR of 3.755%.

 

Moving on to BB&T, a bank that has also released their version of the interest rates daily, the 30 year FRM, which is also available at the bank can be availed at an interest rate of 4.375% with an APR of 4.486%. FHA has theirs at 3.875% with an APR of 4.089%. Next offer of the bank is the 20 year FRM, which can be purchased at 4.125% with an APR of 4.247%. The shorter term of 15 year FRM is also quoted by the bank at 3.375% with an APR of 3.529%. Last is the bank’s offer for the 10 year FRM which can be had at 3.250% with an APR of 3.419%.

Last among this batch’s banks is the SunTrust Bank, which has released their 30 year FRM to be available at 4.490% with an APR of 4.6401%. FHA released theirs at 4.400% with an APR of 6.0532%. The shorter term 15 year FRM is quoted today at 3.400% with an APR of 3.6376%. Adjustable rates are also available starting with the 7 year ARM at 3.800% with an APR of 3.4339% and the 5 year ARM at 3.490% with an APR of 3.1901%.

Citigroup holds today’s lowest quote for the 30 year FRM at 4.250% compared to the 4.375 of BB&T and the 4.490% of SunTrust Bank.

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.