SunTrust (NYSE:STI) and Quicken Loans are largely tied today in terms of home purchase and refinance mortgage rates, with neither taking a particularly notable lead over the other.
The best 30 year loan interest rates at Quicken Loans are being offered for 3.375% today with an APR of 3.596%. Shorter term 15 year loans are 2.750% yielding an APR of 3.163%.
The 7 year ARM interest rates are on the books at 2.625% today with an APR of 3.111%.
The best 30 year refinance loan interest rates are coming out at 3.375% at Quicken and an APR of 3.596% today.
Shorter term, popular 15 year refi fixed rate loan interest rates are 2.750% and an APR of 3.163% today.
7 year refinance ARMs start at 2.625% with an APR of 3.111%.
30 year fixed rate mortgage interest rates at SunTrust Banks (NYSE:STI) start at 3.400% and APR of 3.504%. The lower FHA 30 year loan interest rates are being quoted at 3.200% carrying an APR of 4.288%.
Shorter term 15 year fixed rate mortgages have been published at 2.750% with an APR of 2.929% today.
5 year ARMs have been offered at 2.300% at SunTrust yielding an APR of 2.941% to start. The 7/1 ARMS stand at 2.490% today yielding an APR of 2.941% to start.