The best 30 year FRM interest rates at BB&T Corp. (NYSE:BBT) have been published at 3.625% today carrying an APR of 3.925%. The shorter term, popular 15 year loan interest rates at the bank are published at 4.250% today with an APR of 4.783%.
10 year FRMs have been listed at 3.625% and an APR of 4.452%. 20 year FRM interest rates are being quoted at 3.250% at the bank yielding an APR of 3.916%.
The benchmark 30 year refinance loan deals stand at 3.625% at BB&T and APR of 3.925% today. Popular 15 year refinance FRMs are 4.250% today with an APR of 4.783%. The best 10 year refinance loan interest rates have been published at 3.625% at the bank today and an APR of 4.452%. 20 year refinance loan interest rates at the bank can be had for 3.250% and an APR of 3.916%.
The bigger picture
Loan rates are impacted by securities backed by mortgages which move with the stock market. Markets declined by market close today to leave the DOW at 15,337.70 up -0.73%.
Not surprisingly the bank took the lead of the DJIA performance. Now this particular bank’s stock improved to 35.72 up +0.40.