The popular and attractive 30 year fixed rate mortgage is being advertised by Citigroup today to be available at their bank at an interest rate of 4.750% with an APR of 4.864%. This is followed by the bank’s offer for the 15 year FRM which is at 3.875% with an APR of 4.049%. Refinance rates are also made available by the bank today by means of the 30 year refinance that can be had at 4.875% with an APR of 4.973% and the 15 year refinance which is at 3.875% with an APR of 4.095%.
Moving on to BB&T’s offer for the 30 year FRM, which is at 4.000% with an APR of 4.133%, a term that is closely followed by another FRM which is the 20 year FRM that can be had at 3.375% with an APR of 4.040%. Next among the bank’s list is their offer for the 15 year FRM which is on the books at 4.500% with an APR of 5.012%, and the 10 year FRM which is offered at 4.000% with an APR of 4.659%.
Concluding this batch of banks is the offers of SunTrust Bank, which stand at 4.625% with an APR of 4.7644% for the 30 year FRM. FHA also released theirs at 4.625% with an APR of 6.2878%. Another available term is the 30 year jumbo fixed rate which can be had at 4.700% with an APR of 4.8059%. Another FRM deal from the bank is the 15 year FRM that can be had at 3.600% with an APR of 3.7834%. More flexible deals are also made available by means of the 7 year adjustable rate mortgage that is at 3.900% with an APR of 3.4874%, and the 5 year ARM at 3.490% with an APR of 3.2025%.
BB&T still holds today’s lowest offer for the 30 year FRM which is at 4.000%, much lower compared to the 4.750% of Citigroup and the 4.625% 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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