New Week Mortgage Rates: Home Purchase Packages at SunTrust off to Incredible Start
As has been the case for countless days and indeed weeks now, SunTrust (NYSE:STI) has begun the new week by offering a veritable catalogue of extraordinary mortgage products, many of which are hovering ever closer around the all-time lows seen in October. Whether or not records will indeed be broke remains to be seen, but what is certain is that those taking advantage of the deals of today simply cannot fail to enjoy quite incredible savings, regardless of the package chosen.
In the case of the very best deals being offered by SunTrust today, the standard 30 year fixed rate home purchase package is now at 3.990% and APR of 4.101%, while those seeking the 15 year loan will find it with a rate of 3.375% and APR of 3.566%.
The 30 year fixed rate FHA loan is being offered for 3.875% and APR of 4.807%, while the popular 30 year fixed rate for Jumbo loans is today at 4.500% and APR of 4.608%.
Adjustable rates are also offering quite incredible value for money, which today include the Agency 7/1 ARM at a rate of 2.990% to begin and APR of 2.695% variable, while the Agency 5/1 ARM can be taken home for just 2.750% to start and APR of 2.517% variable.
As can clearly be seen, each and every one of the above rates represents quite staggering value for money, but with the week only just beginning there is no telling how low rates could go as the days move forward.
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