SunTrust Home Purchase Mortgage Rates for Monday Morning
SunTrust (NYSE:STI) is once again off to a strong start in the world of high value mortgage packages, with the purchase deals of today offering some of the very best value to be found anywhere on the market.
For those wishing to secure a low rate that is guaranteed to stay low for the whole term start to finish, 30 year fixed rate purchase mortgages are today being offered for 3.990% and a resulting APR of 4.133%, while 15 year fixed home purchase loans are now at 3.375% and an APR of 3.566%.
Adjustable home purchase terms are also mirroring the excellent value, with a range of options including the Agency 7/1 ARM which can now be taken out with a starting rate of 2.990% and an APR of 2.685%, while the shorter Agency 5/1 ARM is quite staggeringly competitive at 2.750% and an APR amounting to 2.517% variable.
With home values across the US showing little to no signs of improvement there has essentially never been a better time to secure an incredible deal, though fewer potential borrowers than ever are in fact making the most of what had indeed been a truly golden age for mortgage rate savings.
Related posts: