Both CitiBank and Suntrust are posting compelling mortgage rates today in comparison to their bigger brothers Bank of America and Wells Fargo.
Suntrust
Standard 30 year fixed rate mortgages stand at 3.400% at Suntrust Banks (NYSE:STI) today carrying an APR of 3.530%. The best 30 year FHA fixed rate mortgages have been listed at 3.300% with a bit higher APR of 4.296%. The short term, popular 15 year loan deals are being quoted at 2.700% and an APR of 2.914% today.
The 5/1 ARMS at Suntrust are listed at 2.300% and an APR of 2.866%. ARM interest rates in the 7 year category can be had for 2.490% currently yielding an APR of 2.890% to start.
CitiMortgage
The best 30 year fixed rate mortgage interest rates at Citi Mortgage (NYSE:C) stand at 3.375% and APR of 3.571%. The shorter term, popular 15 year loan interest rates can be had for 2.750% today with an APR of 3.043%.
30 year refinance loans at Citi Mortgage stand at 3.500% carrying an APR of 3.681% today. The shorter term 15 year refi fixed rate mortgages are 2.875% at the bank today and an APR of 3.159%.