Only slight differences in mortgage rates at US Bank (NYSE:USB) and SunTrust (NYSE:STI) today, though the latter isn’t quite keeping pace with its rival.
30 year loan interest rates have been offered at 3.375% at Suntrust Banks (NYSE:STI) and APR of 3.477%. 30 year FHA loan interest rates are being quoted at 3.200% at the bank and APR of 4.295%. The short term 15 year fixed rate mortgages have been offered at 2.700% at the bank yielding an APR of 2.891% today.
The 5 year ARM loans are being quoted at 2.300% at Suntrust with an APR of 2.939%. The 7/1 Adjustable Rate Mortgage interest rates are on the books at 2.400% today with an APR of 2.921% to start.
The best 30 year FRMs at US Bankcorp (NYSE:USB) are 3.250% and an APR of 3.441%. The best 30 year FHA FRM interest rates stand at 3.250% at the bank with an APR of 3.791%. The jumbo options for the 30 year mortgages are available starting at 3.750% and APR of 3.894%.
The VA 30 year fixed rate mortgages are 3.500% yielding an APR of 3.826%.
15 year fixed rate loans are 2.500% at the bank carrying an APR of 2.803%.
15 year FHA loan interest rates are coming out at 2.750% today with an APR of 3.433%. The Jumbo 15 year interest rates are being quoted at 2.750% today and an APR of 3.000%. The VA 15 year FRMs are coming out at 2.750% and APR of 3.323%. 10 year loan interest rates are being offered for 2.375% at the bank carrying an APR of 2.920%.
3/1 Adjustable Rate Mortgages are available starting at 3.375% today yielding an APR of 3.628%. The 5/1 ARMS have been listed at 2.875% at US Bank and an APR of 3.420%. ARMs and their APRs change as interest rates move up and down.