30-Year Mortgage Rates: BB&T Fixed, VA and FHA Mortgage Rates Roundup for April 29

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30-Year Mortgage Rates: BB&T Fixed, VA and FHA Mortgage Rates Roundup for April 29North Carolina-based mortgage loan provider, Branch Banking and Trust (NYSE:BBT) offers the 30-year home purchase loan at a rate of 4.375% on Tuesday, April 29, according to the lender’s latest rate quotes. With regards to the mid-term, 20-year fixed mortgage, it starts at a rate of 4.000% at BB&T. Moving down on the scale, the 15-year fixed home loan is published at a rate of 3.375%, unchanged since Monday. Those, who are more interested in the short-term, 10-year home mortgage, can expect to pay 3.000% interest cost.

Turning attention to non-conventional loans, BB&T advertises the standard 30-year FHA loan for home purchase at a rate of 3.750%. Another federally insured loan is the 30-year VA mortgage, which carries 3.750% in interest on Tuesday. For additional information on BB&T’s current mortgage interest rates, as well as details on discount points and APRs, please check the data below.

Branch Banking and Trust has been offering excellent mortgage rates under both its home purchase and refinance programs, so those who are looking to invest either in a new / used home or to refinance an existing mortgage, may find some suitable loan packages at financial institution.

BB&T Home Purchase Rates

30-Year Fixed Mortgage: 4.375%, 0.250 discount points, 4.466% APR
20-Year Fixed Mortgage: 4.000%, 0.750 discount points, 4.182% APR
15-Year Fixed Mortgage: 3.375%, 0.250 discount points, 3.530% APR
10-Year Fixed Mortgage: 3.000%, 0.250 discount points, 3.224% APR
30-Year Fixed VA Mortgage: 3.750%, 0.250 discount points, 3.836% APR
30-Year Fixed FHA Mortgage: 3.750%, 0.250 discount points, 3.984% APR

The rate information provided assumes the purpose of the mortgage loan is to purchase a property, an existing single family home to be used as a primary residence with a loan amount of $200,000 and an estimated property value of $250,000. The property is located in Washington, DC. The interest rate reflects a 60 day rate lock period. The actual mortgage interest rate will depend on a number of factors including but not limited to loan type, credit profile, property type, appraised value, occupancy and loan size.

BB&T Refinance Rates

30-Year Fixed Mortgage: 4.500%, 0.250 discount points, 4.591% APR
20-Year Fixed Mortgage: 4.125%, 0.375 discount points, 4.263% APR
15-Year Fixed Mortgage: 3.500%, no discount points, 3.619% APR
10-Year Fixed Mortgage: 3.125%, 0.250 discount points, 3.349% APR

The rate information provided assumes the purpose of the mortgage loan is to refinance an existing mortgage with a loan amount of $200,000 and an estimated property value of $250,000. The property is located in Washington, DC. The interest rate reflects a 60 day rate lock period. The actual mortgage interest rate will depend on a number of factors including but not limited to loan type, credit profile, property type, appraised value, occupancy and loan size.

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Please, note that the current mortgage interest rates may vary without prior notice from the lender and are subject to change based on location, geography and other terms and conditions. The annual percentage rates (APR) were made based on discount points, origination fees, average loan fees and closing costs.

As far as national average mortgage rates are concerned, government-sponsored mortgage-finance company, Freddie Mac reported last week that the average interest rate on the 30-year fixed mortgage rose to 4.33% from the former 4.27% that it held before. The average interest rate ticked up on the 15-year FRM as well, it currently hovers at 3.39%, a 6 basis points uptick compared to the previous rate level (3.33%).

For more information on current mortgage rates at BB&T Bank, borrowing terms and conditions, as well as additional mortgage loan options, please take a look at the lender’s website.