Mortgage interest rates are up across the board today after a Fed meeting but the changes are slight and good deals are still to be found at CitiMortgage and Suntrust.
30 year loans are being quoted at 3.375% at Citi Mortgage (NYSE:C) carrying an APR of 3.571% today. The shorter term, popular 15 year FRMs are being offered for 2.750% at the bank today with an APR of 3.024%.
30 year refinance loan interest rates at Citi Mortgage have been published at 3.500% and an APR of 3.681%. The short term, popular 15 year refi FRM interest rates at the bank start at 2.875% and an APR of 3.141% today.
Standard 30 year fixed rate loans at Suntrust Banks (NYSE:STI) are listed at 3.490% carrying an APR of 3.601% today. 30 year FHA loan interest rates are available starting at 3.200% at the bank carrying an APR of 4.346%. Popular 15 year loan deals stand at 2.700% carrying an APR of 2.941%.
The 5/1 ARM interest rates are published at 2.300% at Suntrust and an APR of 2.940%. ARMs and their APRs change as interest rates move up and down. The 7/1 ARM deals start at 2.490% currently yielding an APR of 2.958%.