Both SunTrust (NYSE:STI) and Quicken Loans are hovering right around the middle of the market today with an array of home purchase and refinance mortgage rates that are certainly not the most competitive to be found, but represent excellent value for money nonetheless.
The benchmark 30 year loan interest rates at Quicken Loans are available starting at 3.375% and APR of 3.618% today. The short term, popular 15 year FRMs are 2.625% today yielding an APR of 3.112%.
7 year ARM interest rates are listed at 2.500% today with an APR of 3.083%.
Standard 30 year refinance loan deals at Quicken Loans are 3.375% yielding an APR of 3.618% today. Popular 15 year refi loan interest rates start at 2.625% at the bank yielding an APR of 3.112% today. 7 year refinance ARMs have been quoted at 2.500% with an APR of 3.083%.
Standard 30 year FRM interest rates at Suntrust Banks (NYSE:STI) are being offered for 3.400% today with an APR of 3.522%. The typically lower FHA 30 year loans have been quoted at 3.200% with a bit higher APR of 4.338%.
Shorter term, popular 15 year fixed rate mortgages at the bank have been quoted at 2.750% today yielding an APR of 2.940%.
The 5 year Adjustable Rate Mortgages can be had for 2.250% at Suntrust showing an APR of 2.925%. 7/1 Adjustable Rate Mortgages stand at 2.400% and the APR is 2.909%.