Thursday Morning Mortgage Rates: SunTrust Home Purchase Packages Retain Massive Value
With the mid-stages of the week well and truly underway, US Bank (NYSE:USB) is continuing a seemingly unstoppable run of home purchase mortgage rates, which in many cases are some of the lowest seen in decades. As it stands, the stage is once again set for a week of truly golden buying opportunities, for all borrowers willing to take the proverbial plunge before the inevitable future hikes begin to take hold.
With regard to the very best fixed rate home purchase packages being offer by US Bank this morning, the 30 year fixed rate deal is being offered for an attractive 3.750% and APR of 3.957%, while the popular 15 year fixed rate purchase loan is now at a truly competitive 2.950% and APR of 3.348%.
30 year fixed rate Jumbo loans can today be taken out for 3.875% and an APR amounting to 4.094%, while the FHA 30 year loan for home purchase can be locked in at a rate of 3.750% and an APR figure of 4.315%.
If adjustable rate deals seem preferable, the 5/1 ARM is today being offered with a starting rate of 2.375% and APR of 3.404% variable, while the 3/1 ARM on the other hand continues to offer staggering value, now beginning at 2.375% and APR of 3.577% variable.
As can be seen across all examples, when combined with some of the lowest property prices in recent year, the above figures add up to some truly excellent buying opportunities, both for today and most likely the remainder of this week at the very least.
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