SunTrust Mortgage Rates: Excellent Home Purchase Opportunities for Friday
As has come to be the general way of things over recent days and weeks, SunTrust (NYSE:STI) is today offering some of the very best home purchase packages of all major US lenders, with mortgage rates having retained almost all of their value from the early stages of the week. Indeed, while fluctuations may have been noted day by day, the vast majority have all but cancelled one another out to bring at least one more day of incredible value and opportunities, perhaps even a whole weekend.
With regard to the specific home purchase loans of interest from SunTrust today, the standard 30 year fixed rate loan can be taken out for 3.990% and APR of 4.112%, while the shorter 15 year agreement can be locked in for 3.250% and APR of 3.514%.
30 year Jumbo loan terms are also looking especially attractive, with an interest rate of 4.375% and APR amounting to 4.492%.
In the case of adjustable terms, this Friday sees the Agency 7/1 ARM being advertised for a rate of 2.875% and an APR of 2.651% variable, while the Agency 5/1 ARM on the other hand remains a superb choice at 2.625% and APR of 2.483% variable.
Of course, exactly what the weekend will bring rates across the board remains to be seen, though with most in agreement that the current run of value really is in jeopardy every day, the time to act for new borrowers may very well be right now.
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