SunTrust (NYSE:STI) has been offering some of the most competitive home purchase mortgage rates to be found anywhere across the industry all week now, with the same expected to continue throughout the course of the weekend. However, with little to no way of knowing exactly what the coming days are to bring, industry analysts are issuing calls for would-be borrowers to make their investments sooner rather than later, in order to avoid exposure to potential upticks that could creep in at any time.
Beginning with the most popular home packages of all, this morning sees the SunTrust 30 year fixed rate loan being offered at a daily low of 3.490% and an APR of 3.6517%, while those looking to make a purchase over a 15 year term will be offered an interest rate of 2.800% and an APR of 2.9937%.
For those looking to invest with the help of the 30 year fixed rate Jumbo loan from SunTrust, the interest today is set at 3.990% and the APR at 4.1037%.
For 30 year fixed rate FHA home purchase packages, SunTrust is advertising a daily low interest rate of 3.200% and an APR of 4.3886%.
Among the day’s most attractive home purchase mortgage packages with adjustable rates of interest, the SunTrust Agency 7/1 ARM is today being advertised with an opening rate of 2.400% and an APR of 2.9088% variable, while those opting for the Agency 5/1 ARM can expect to face an opening interest rate of 2.250% and an APR amounting to 2.9238% variable.
Most of the above rates remand excellent credit and verifiable employment. Lender rates vary considerably depending on personal circumstances and market fluctuations – please see individual lender websites for full details.