10 year loan deals are 3.625% at the bank today and an APR of 4.430%. 20 year loan deals can be had for 3.250% carrying an APR of 3.916% today.
Refinance Mortgage Loans Today
The benchmark 30 year refinance loan interest rates are being quoted at 3.625% at BB&T with an APR of 3.904%. The short term, popular 15 year refinance loan deals can be had for 4.250% at the bank carrying an APR of 4.773% today. The best 10 year refinance fixed rate loans at the bank start at 3.625% today and an APR of 4.430%. 20 year refinance FRMs are being offered for 3.250% yielding an APR of 3.916%.
Big bank interest rates are usually pressured by MBS’s traded in security markets that are in concert with stock market movements. Securities went down by the end of trading putting the DJAI at 15,337.70 up -0.73%.
Rates at BB&T took the lead of the securities markets. And now, BB&T’s own stock price strengthened to 35.72 up +0.40.