SunTrust Mortgage Rates November 10, 2010
SunTrust Mortgage is part of SunTrust Bank which is one of the top ten largest bank mortgage lenders in the nation. When comparing mortgage rates to apply for new home loan or mortgage refinance, a good starting point is to check with the largest bank mortgage lenders. SunTrust Mortgage rates remain competitive among the large bank mortgage lenders.
By doing a little bit of research on current mortgage rates from the top bank mortgage lenders it is easy to get an understanding of what mortgage loans, mortgage rates and costs are currently available in the mortgage market. FindLocalMortgageRates.com allows consumers to research mortgage interest rates from the largest mortgage lenders efficiently to help find the best mortgage interest rates available.
Current SunTrust mortgage rates include the following rates, points and APRs:
30 year fixed rate mortgage is at 4.250% with 1.125 points and an APR of 4.375%.
15 Yr fixed rate mortgage is at 3.625% with 1.875 points and a 3.950% APR.
5/1 adjustable rate mortgage has a rate of 2.875% and 1.25 points and an APR of 3.098%.
The 7/1 ARM is at 3.125% and 1.25 points for a 3.196% APR.
A 30 year FHA fixed rate loan has a mortgage rate of 4.125% and 2.375 points resulting in a 4.882% APR.
The 30 year jumbo loan at SunTrust Mortgage has rate of 5.250% and 1.25 points for a 5.388% APR.
The SunTrust Mortgage rates listed are for a single family, owner occupied home with a 60 day lock with a loan to value ratio of 80% or less. In order to obtain the listed rates, SunTrust mortgage applications have to be submitted online.
Actual mortgage rates may vary from those listed. SunTrust Mortgage rates will vary depending on a wide range of factors, including the borrower’s credit history, the loan amount, geographic location, down payment amount as well as additional loan underwriting factors..
Additional mortgage rates and point options are available from SunTrust Mortgage. The SunTrust Mortgage rates are subject to change, SunTrust Mortgage rates can change daily or in volatile markets even on an intraday basis
SunTrust Mortgage offers fixed and adjustable rate mortgages for conforming loan amounts and jumbo loans as well as FHA loans and VA home loans, loans for first time home buyers, home loans for refinances and more.
SunTrust Bank is one of the top ten largest banks in the U.S. The bank operates over 1,600 retail bank branches and 2,900 ATMs. Bank branches are located primarily in Florida, Georgia, Maryland, North Carolina, South Carolina, Tennessee, Virginia, and the District of Columbia.
To apply for a new mortgage loan or discuss current SunTrust Mortgage rates at SunTrust Mortgage, a mortgage customer service representative can be reached at 1-800-634-7928.
Top Bank Mortgage Rates October 11th, 2010
Bank mortgage rates absolutely plummeted last week. Even though mortgage rates have been on a rather steady slide downwards for better part of 2010, last week’s rate drop was significant and is all that more surprising based on the low rates that the week started with. For this week’s mortgage rate analysis, skip the summary and scroll down to the current mortgage rates to see what the nation’s largest banks are offering.
The average 30 year mortgage rate from the top five bank mortgage lenders surveyed by Findlocalmortgagerates.com mortgage fell by twenty basis points, ending the week at 4.225 percent. The average 15 year mortgage rate was down by just over 13 basis points, closing the week at 3.675 percent.
The average point charged by the bank mortgage lenders in the weekly survey was also lower on the week. The average points charged on the 30 year home loan moved down to.45 points while the average points charged to obtain the 15 year mortgage moved down to an average of 0.40 points.
The mortgage rates survey results from the top five bank mortgage lenders for the week ending October 8th included the following 15 year and 30 year mortgage rates, points and APR’s:
Wells Mortgage rates on a 30 year mortgage closed at 4.00% with 1.0 point and a 4.151% APR, the 15 year mortgage rate closed at 3.375% with 1.0 point and a 3.639% APR.
Chase Mortgage rates on a 30 year mortgage was 4.375% and 0.125 points with a 4.440% APR while the 15 year loan closed at 3.875% with 0.00 points and 3.969% APR.
US Bank mortgage rates on a 30 year loan came in at 4.25% with zero points and a 4.313% APR and the 15 year had a rate of 3.75% with no points and a 3.860% APR.
Bank of America mortgage rates were 4.125% with 0.875 points and a 4.242% APR for a 30 year home loan and 3.50% with 1.0 point and a 3.726% APR for the 15 year mortgage.
Citibank mortgage rates on a 30 year was 4.375% with 0.25 points and a 4.549% APR and the shorter term, 15 year mortgage rate came in at 3.875% with no points for a 4.10% APR.
The mortgage rates and points listed from the top five bank mortgage lenders are current as of the survey date, October 8nd, 2010. All mortgage interest rates and costs are subject to change and all home loans will require bank approval.
The mortgage rates surveyed are based on California properties with a loan amount of $250,000.00 and a 20% down payment.
Findlocalmortgagerates.com publishes the bank mortgage rate survey to allow potential home loan borrowers the ability to quickly and easily research mortgage interest rates from some of the nation’s largest bank mortgage lenders.
More information on the mortgage loans and mortgage rates listed can be obtained by contacting the bank mortgage lenders directly:
Chase Bank 800-873-6577
Bank of America 888-233-4124
Citibank 800-667-8424
Wells Fargo 877-937-9357
US Bank 888-831-7524
Mortgage rates and loan costs for a specific loan request may be affected by a number of factors including the credit, income and assets of the borrower as well as the geographic location and property type. The bank mortgage rates, points and APRs listed in the Findlocalmortgagerates.com rate survey may vary depending on these conditions and more.
Today’s Mortgage Rates September 9, 2010
Today’s mortgage rates are above last week’s low point but are ending this week slightly lower than where they started.
Based on the most recent survey of fixed rate mortgages performed by Findlocalmortgagerates.com, the average 30 year mortgage interest rate is at 4.65% with .45 points. The average 15 year mortgage interest rate is at 4.125% and .50 points.
While these mortgage rates have risen since the lows hit in the middle of the previous week, they are lower now than they were at the start of the week. The 30 year mortgage started the week at 4.70% with .475 points while the 15 year was at 4.15% and .50 points.
Results from the most today’s mortgage rate survey for the 30 year and 15 year mortgage at five of the largest bank mortgage lenders included the following mortgage rates and terms:
Chase mortgage rates on the 30 and 15 year loans were 4.75% with .125 points for an APR of 4.816% on the 30 and 4.50% with .125 points for a 4.615% APR for the 15.
Wells Mortgage rates for the 30 and 15 year mortgage were 4.375% with 1.0 point and a 4.530% APR for the 30 year and 3.750% with 1.0 point with a 4.017% APR on the 15 year home loan.
Bank America mortgage rates came in at 4.625% and 1.125 points with a 4.765% APR for the 30 year home loan and 4.125% with 1.0 point and a 4.35% APR on the 15 year.
SunTrust mortgage rates were 4.50% with 1.125 points and an APR of 4.627% for the 30 year and 3.875% with 1.125 points and a 4.091% APR on the 15 year loan.
TD mortgage rates for Sept. 9 were 4.625% and zero points with a 4.667% APR on the 30 year home loan while the 15 year was 3.875% and zero points with a 3.947% APR.
All mortgage loans and mortgage interest rates listed require bank approval and bank underwriting. Today’s mortgage rates and costs listed are current as of this publication date but are subject to change by the bank mortgage lenders and are not guaranteed.
Bank mortgage rates are dependent on the credit profile of the borrower, the down payment amount, property type and geographic location, along with other factors that will impact a specific loan request and may alter the mortgage rate and costs. The mortgage rates listed are based on mortgage loan amounts of approximately $250,000.00 with a 20% down payment for a single family owner occupied property.
The mortgage rates and points listed are just a sample of the rates from the Findlocalmortgagerates.com survey and are just a sample of the loan programs and mortgage rates that are available from these bank mortgage lenders.
Today’s Mortgage Rates August 31, 2010
For the last day of August, today’s mortgage rates continued their August downward trend and closed lower yet again. Hard to believe, but today’s’ mortgage rates from the top ten bank mortgage lenders are lower today than they were just three days ago, at the close of last week on August 27.
Conventional fixed mortgage rates rose slightly on Friday when short term bond prices fell measurably and interest rates rose, marking the first significant uptick in days. Rates moved lower on Monday and continued that direction through today.
Based on the most recent survey of bank mortgage rates performed by Findlocalmortgagerates.com, the average 30 year mortgage rate dropped down to 4.504% with .375 points. The average 15 year mortgage rate was lower as well, drifting down to 3.975% with 0.35 points.
Results from the survey for the 30 year home loan at five of the largest bank mortgage lenders in the today’s mortgage rate survey included the following mortgage rates and terms:
Chase mortgage rates on the 30 year for Aug 31 came in at 4.625% with .125 points for an APR of 4.691%.
Wells Mortgage rates for a 30 mortgage had an interest rate of 4.25% with 1.0 point and a 4.403% APR.
Bank America mortgage rates were 4.625% and 1.0 point with an APR at 4.778% for the 30 year home loan.
SunTrust mortgage rates were 4.25% with 1.50 points and an APR of 4.407%.
TD mortgage rates for a 30 year home loan came in at 4.50% and zero points with a 4.542% APR.
Today’s mortgage rates and costs listed are current as of this publication date but are subject to change by the bank mortgage lenders and are not guaranteed. All mortgage loans and mortgage interest rates listed require bank approval and bank underwriting.
The mortgage rates listed are based on mortgage loan amount of approximately $250,000.00 with a 20% down payment. Mortgage rates are dependent on the credit profile of the borrower, the down payment amount, property type and geographic location, these factors and others will impact a specific loan request and may alter the mortgage rate and costs.
The mortgage rates and points listed are just a sample of the rates from the survey and are just a sample of the many home loan programs and mortgage rates that are available from these bank mortgage lenders.
Today’s Mortgage Rates August 24, 2010
Today’s mortgage rates from the top bank mortgage lenders continued their downward drive. The average mortgage rate from the top ten bank mortgage lenders on the 30 year fixed rate mortgage has now reached 4.558% while today’s mortgage rate for the 15 year loan dipped to 4.025%. Mortgage rates are current as of August 24, 2010.
Today’s mortgage rates survey includes the average rate on a 30 year fixed rate home loan and 15 year fixed rate home loan and includes the mortgage interest rate, points charged and the APR. The average points needed to obtain today’s mortgage rates from the top ten bank lenders came in at .413 points for the 30 year and .35 points for the 15 year.
Results from the survey for the 30 year home loan found at five of the top ten bank mortgage lenders in the nation included:
Wells Mortgage rates on the 30 year home loan is 4.25% with 1.0 point and a 4.40% APR.
Chase mortgage rates on the 30 year is at 4.75% with .125 points for an APR of 4.816%.
Bank America mortgage rates are at 4.875% and 1.0 point with an APR at 5.022% for the 30 year term home loan.
SunTrust mortgage rates had the 30 year fixed rate mortgage at 4.25% with 1.50 points and an APR of 4.407%.
Key Bank mortgage rates for a 30 year mortgage is 4.58% and zero points with a 4.72% APR.
Mortgage rates and costs will vary based credit, loan amount, property type and location and other factors involved in underwriting. Today’s mortgage rates survey from Findlocalmortgagerates.com covers the largest bank mortgage lenders in the nation including based on loan amounts of $250,000.00 with a 20% down payment.
Today’s mortgage rates are current as of this publication date but are subject to change by the bank mortgage lenders listed. All mortgage loan s and mortgage loan rates are subject to mortgage lender approval.
The mortgage rates and points are just a sample of the many home loan programs and mortgage rates that are available from these bank mortgage lenders. The mortgage rates listed above are just a sample of the mortgage interest rates and costs compiled in the mortgage rate survey.
Today’s Mortgage Rates August 20, 2010
Today’s mortgage rates for August 20, 2010 moved lower once again. The average 30 year mortgage rate surveyed by Findlocalmortgagerates.com dropped down to 4.613%. Today’s 30 year mortgage rate is five basis points lower than the last survey on Wednesday August 18 when the average 30 year rate was 4.669%. Today’s 15 year mortgage rate was lower as well, falling to 4.044%.
The average points needed to obtain these mortgage rates edged up slightly with the average points charged on for the 30 year rising to .40 points and the average points charged for the 15 year increasing to .375 points.
Mortgage rates continued to drift lower as well the week progressed along with other bond rates and bank rates. The ten year Treasury bond drifted down from 2.64% on Wednesday to close at 2.62% by the close of Friday. The two year Treasury bond made a similar drop, coasting down from .51% on Wednesday to 0.49% on Friday.
Today’s mortgage rates survey from Findlocalmortgagerates.com covers the largest bank mortgage lenders in the nation including; Chase Mortgage, Bank of America, Wells Fargo, Citibank, US Bank, SunTrust Mortgage, Key Bank, Fifth Third Bank, HSBC Mortgage and TD Bank.
Results for the 30 year home loan from three of the top ten bank mortgage lenders in today’s mortgage survey included:
SunTrust mortgage rates had a 30 year at 4.375% with 1.375 points and an APR of 4.523% while the 15 year from SunTrust was 3.75% with 1.25 points and a 3.983% APR.
Wells Mortgage rates for a 30 year fixed rate mortgage was 4.25% with 1.0 point and a 4.571% APR and the 15 year home loan rate was 3.75% with 1.0 point and a 4.090% APR.
US Bank mortgage rates for a long term 30 year fixed rate mortgage is 4.50% and zero points with a 4.564% APR loan while the short term 15 year term loan is at 3.875% with no points for a 3.985% APR.
Today’s mortgage rates are current as of this publication date but are subject to change by the bank mortgage lenders listed. All home loan products and home loan rates are subject to mortgage lender approval.
The mortgage rates listed are based on mortgage loan amount of approximately $250,000.00 with a 20% down payment on a single family owner occupied property in California. Mortgage rates are dependent on the credit profile of the borrower, the down payment amount, property type, geographic location, as well as additional conditions that will impact the loan approval as well as the mortgage rate.
The mortgage rates and points are just a sample of the many home loan programs and mortgage rates that are available from these bank mortgage lenders. The mortgage rates listed are just a sample of the rates compiled in the mortgage rate survey.
SunTrust Mortgage Rates August 10, 2010
SunTrust Mortgage rates have continued to move lower along with the rates offered by most of the major U.S. bank mortgage lenders. SunTrust mortgage is 100% subsidiary of SunTrust Bank. SunTrust mortgage offers a variety of mortgage programs including fixed rate home loans, adjustable rate mortgages, FHA mortgages and jumbo mortgages in all the 50 states.
The mortgage rates, points and closing costs presented for online mortgage applications by SunTrust Mortgage may vary based on specific loan features such as down payment, loan amount, debt ratios, the geographic location and other terms and conditions.
Current mortgage rates advertised by SunTrust Mortgage for online mortgage applications include:
A 30 year fixed rate mortgage loan is at 4.375% with 1.125 points for a 4.501% APR.
15 year fixed mortgage rate of 3.750% and 1.375 points with an APR at 4.002%.
Jumbo 30 year mortgage rate is at 5.125% and 1.0 point resulting in a 5.239% APR.
The 30 year FHA mortgage rate from SunTrust Mortgage is at 4.375% and 1.0 point and a 4.901% APR.
Two adjustable rate mortgage loans from SunTrust include the 5/1 ARM and 7/1 ARM.
A 5/1 adjustable rate mortgage that has a fixed rate for the initial five years of the loan 3.375% and 1.0 point with an APR at 3.412%
A 7/1 adjustable rate mortgage that has a fixed rate for the initial seven years of the loan has a mortgage rate of 3.625% with 1.125 points and a 3.553% APR.
The listed SunTrust mortgage rates, points and closing costs are subject to change by the bank without notice. The mortgage rates are examples of rates available for a 60 day loan lock on a single family, owner-occupied properties with down payment of 20% or greater, for mortgage loan applications submitted using our the SunTrust Mortgage online loan application.
Large U.S. banks, including SunTrust Bank, have been originating a larger share of residential mortgages since the credit crisis started. Bank lender mortgage rates for both purchase and refinance have reached historic lows. Many interest rate watchers however, believe that mortgage rates may not finished bottoming out for the year.
Mortgage interest rate movements are as hard to predict as just about any investment and no one can be certain whether mortgage interest rates will continue to push lower or turn around and go up. Borrowers seeking to purchase a new home should make sure they are comfortable with the investment and shop for the best mortgage rate and service without paying too much attention to the direction of interest rates, even the experts miss the boat on rate predictions on a regular basis.
To find a SunTrust Mortgage loan officer to help with the mortgage process, the toll free number is 800-634-7928.
WA Mortgage Rates July 2, 2010
Findlocalmortgagerates.com has surveyed Washington mortgage rates with two of the top ten largest banks based in The Evergreen State, Cascade Bank and HomeStreet Bank, as well as two of the top ten largest banks in the U.S., Bank of America and SunTrust Bank, in order to get a snapshot of local mortgage rates.
Buying or refinancing a home is an important decision that requires a certain amount of shopping. By shopping and comparing the largest bank mortgage lenders and local bank mortgage lenders, prospective borrowers can obtain the knowledge to make an informed choice about the home loan that’s right for their needs.
Current mortgage rates in Washington from these four lenders include the following rates, points and APR’s:
Cascade Bank, the seventh largest Washington based bank offers a 30 year fixed rate mortgage with a rate of 4.500% and zero points and a 4.527% APR. The 15 year mortgage rate in Washington from Cascade is currently 4.000% with 0.875 points with a 4.177% APR.
HomeStreet Bank, the sixth largest Washington based bank, offers a 30 year mortgage rate in WA at 4.50% with a 1% origination fee and an APR of 4.657%. The 15 year mortgage from the bank is at 3.875% with a 1% origination fee and an APR of 4.145%.
Bank of America 30 year fixed rate mortgage rate in Washington is 4.625% with 1.0 point and an APR of 4.78%. A 15 year mortgage rate from Bank of America is at 4.125% with 1.0 point and a 4.391% APR.
SunTrust Mortgage rates in Washington include the 30 year fixed rate home loan at 4.625% with 1.125 points and an APR of 4.754% as well as the 15 year loan with a mortgage rate of 4.125% with 1.25 points and a 4.363%.
The interest rates, annual percentage rates and points shown are for illustration purposes and are based on $200,000.00 loan amounts with a 20% or greater down payment for an owner occupied property with a borrower that has an excellent credit history. These WA mortgage rates are subject to change without notice and bank approval is required for all home loans.
Other mortgage loan programs, rates and fees may be available from these WA mortgage lenders. The following contact numbers can be used to reach these banks for more information on their loans products and current mortgage rates:
HomeStreet Bank is based in Seattle and is one of the largest privately owned banks in the Northwest. The bank can be reached at 800-719-8080.
Cascade Bank has 22 bank branch offices throughout Snohomish, King and Skagit Counties and can be reached at 800-326-8787.
Bank of America mortgage information can be obtained at 888-233-4124.
SunTrust Mortgage rate information is available at 800-634-7928.