Moving away from its usual pricing course, Branch Banking and Trust Corp (NYSE: BBT) decided to take its benchmark 30 year fixed mortgage interest rates to a higher pot in the price charts on April 1, 2014. On the second of a new trading week, the North Carolina based mortgage lender is trading its ideal home purchase and refinancing home loan deals at increased interest rates, which will certainly deter the popularity of BB&T loan products in the market.
Starting off with the standard, long term lending options, the mortgage provider is currently offering its best 30 year fixed rate mortgage home loans at a higher interest rate of 3.875% and an annual percentage rate of 3.997% today. On the other hand, for the seekers of relatively shorter home financing deals, the bank publishes its ideal 15 year fixed rate mortgage home loan packages in its loan books against a lending charge of 4.500% and an annual return rate of 5.002% this Tuesday.
Heading towards the exclusive home financing division, the borrowers, who are not happy with the long term and the short term home loan deals, can spot the midterm 20 year fixed rate mortgage home loan schemes being advertised at an interest rate of 3.375% and backed by an APR yield of 4.040% today. Alternatively, the interested borrowers can also find the shortest, 10 year fixed rate mortgage home loans being traded at an interest rate of 3.875% and accompanied by an annual percentage yield of 4.521%.
In the regular refinancing section, the financier publishes its popular 30 year fixed rate mortgage home loan options against an interest rate of 3.875% and an annual percentage return of 3.997% today. Alternatively, the short term, 15 year counterparts of the 30 year refinancing fixed rate mortgage home loans can now be locked in at an interest rate of 4.500% and an APR yield of 5.002%.
However, for the mortgage shoppers, who are looking forward to fulfill their needs with some different and exclusive refinancing deals, which are less expensive than the standard options and come with better return rates, the bank offers its midterm, 20 year fixed rate mortgage home loans at an interest cost of 3.375% and an APR yield of 4.040% today. On the other hand, the shortest, 10 year refinancing fixed rate mortgage home loan packages are now up for grabs at a lending rate of 3.875% and an annual return rate of 4.521% this Tuesday.
Disclaimer: The advertised rates were submitted by each individual lender/broker on the date indicated. Rate/APR terms offered by advertisers may differ from those listed above based on the creditworthiness of the borrower and other differences between an individual loan and the loan criteria used for the quotes.