Quicken Loans has nudged past SunTrust (NYSE:STI) today by offering a range of slightly more competitive packages for new and used home purchases.
30 year fixed rate mortgage interest rates at Quicken Loans can be had for 3.375% yielding an APR of 3.596%. The shorter term 15 year loan interest rates are available starting at 2.625% today carrying an APR of 3.037%.
7 year ARM loans have been offered at 2.500% with an APR of 3.053% to start.
The benchmark 30 year refinance loan interest rates have been listed at 3.375% at Quicken Loans and an APR of 3.596%. Shorter term, popular 15 year refinance loan interest rates at the bank have been listed at 2.625% yielding an APR of 3.037% today.
7 year refi ARM interest rates are 2.500% currently with an APR of 3.053%.
30 year fixed rate loan interest rates have been published at 3.400% at Suntrust Banks (NYSE:STI) and an APR of 3.532% today. The FHA options for the 30 year mortgages are available starting at 3.200% with an APR of 4.297%.
Shorter term 15 year loan interest rates can be had for 2.750% carrying an APR of 2.935%.
The 5/1 ARM loans have been listed at 2.300% at Suntrust yielding an APR of 2.942%. The 7 year ARM interest rates are being offered for 2.490% with an APR of 2.941% to start.