Mortgage Rates Today: SunTrust Deals Continue Strong Weekly Run
Along with the vast majority of major lenders across the US today, SunTrust has a range of attractive packages in offer, which although far from the lowest levels seen over recent days and weeks, are still some of the very best seen since the 1940s.
The chance to lock in an excellent deal for new and used home purchases certainly has not expired yet, with the 30 year fixed term deal being offered today for 3.990% which amounts to an APR of 4.133%, while the 15 year fixed rate alternative is now being advertised for a low rate of 3.375% with a resulting APR of 3.603%.
For those more interested in adjustable terms, the Agency 7/1 ARM can today be taken out with an introductory rate of 3.125% which amounts to an APR of 2.778%, while the 5/1 ARM alternative is available starting out at 2.875% with an APR of 2.570%.
Despite the fact that most lenders are in line with such deals and offering some excellent potential savings, the volume of applications for both purchases and refinances is continuing to decline week after week.
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