SunTrust (NYSE:STI) and Quicken Loans remains closely tied in terms of both home purchase and refinance mortgage rates today, as a week of unusual market stability continues.
The best 30 year loan interest rates at Quicken Loans start at 3.375% today yielding an APR of 3.596%. The shorter term, popular 15 year loan interest rates stand at 2.750% yielding an APR of 3.163% today.
7/1 ARM interest rates start at 2.625% today with an APR of 3.111% to start.
The best 30 year refinance loan interest rates have been quoted at 3.375% at Quicken and APR of 3.596%. Popular 15 year refinance FRM interest rates have been offered at 2.750% carrying an APR of 3.163% today.
The 7/1 Adjustable Rate Mortgage interest rates are being offered for 2.625% today yielding an APR of 3.111%.
The best 30 year FRMs have been listed at 3.400% at SunTrust Banks (NYSE:STI) yielding an APR of 3.504%. 30 year FHA FRMs are available starting at 3.200% with an APR of 4.288%. Shorter term 15 year loan interest rates can be had for 2.750% carrying an APR of 2.929%.
5/1 ARM interest rates at SunTrust are published at 2.300% with a starting APR of 2.941% which will change as interest rates adjust. The 7/1 ARMS are published at 2.490% currently carrying an APR of 2.941%.