Standard 30 year FRM interest rates at Suntrust Banks (NYSE:STI) are coming out at 4.100% and APR of 4.1792%. 30 year FHA loans are being quoted at 3.800% yielding an APR of 4.8770%. 30 year jumbo fixed rate mortgage interest rates at the bank are being quoted at 4.625% yielding an APR of 4.6766%.
VA 30 year FRMs start at 3.800% carrying an APR of 3.9994%.
Shorter term 15 year loans stand at 3.400% and an APR of 3.5175% today.
In the ARM arena, 5 year loans at Suntrust have been listed at 3.625% yielding an APR of 3.9400% at present. ARMs in the 7 year category have been quoted at 3.490% currently and an APR of 3.8503%.
From the bank’s stock perspective
Rates banks charge sometimes vacillate because of MBS’s traded in security markets which move with the stock market. Stock markets gained ground by close of day to leave the DJIA at 21066.00 up +0.01.
Interest rates at the bank followed a different course than the DJIA today. Now Suntrust’s stock price rose to 54.32 up +0.07%.
The best 30 year FRM interest rates have been offered at 4% at BB&T Corp. (NYSE:BBT) today yielding an APR of 4.083%. 15 year loans at the bank are available starting at 3.125% and an APR of 3.27% today.
Current Refinance Mortgage Rates
The benchmark 30 year refinance FRM interest rates at BB&T have been published at 4% and an APR of 4.083%. The short term 15 year refi loan interest rates can be had for 3.125% at the bank today with an APR of 3.27%.
Stock Market Movement Today
Mortgage rates change with mortgage bonds and securities that follow stock market motions. Financial markets moved ahead in trading today with the DJIA at 21066.00.
But the bank did not move in the same direction as the days DJIA results. Related to the market discussion, the stock price of BB&T fell to 42.56 down -0.16%.