30-Year Mortgage Rates Today: BB&T Fixed, VA and FHA Mortgage Rates for April 14

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30-Year Mortgage Rates Today: BB&T Fixed, VA and FHA Mortgage Rates for April 14Fixed rate home loans are holding steady at Winston-Salem-headquartered mortgage lender, Branch Banking and Trust (NYSE:BBT) on Monday, April 14. The standard 30-year fixed home mortgage retained its interest rate at 4.250% at this lender. The mid-term 20-year home loan is currently published at a rate of 4.000%. Moving down on the scale, the 15-year mortgage loan is carrying 3.250% in interest, unchanged since last week. BB&T’s short-term, 10-year home purchase loan remained competitive at 2.875%, according to the latest rate quotes from the lender.

With regards to non-conventional home loan options, the benchmark 30-year fixed FHA mortgage plans are starting at a lending rate of 3.625%. No changes were made to the 30-year VA loan, it’s coming out at a rate of 3.625%. More information on BB&T’s mortgage interest rates, discount points and APRs can be found 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 loan, may find some ideal mortgages at this financial institution.

BB&T Home Purchase Rates

30-Year Fixed Mortgage: 4.250%, 0.375 discount points, 4.351% APR
20-Year Fixed Mortgage: 4.000%, no discount points, 4.094% APR
15-Year Fixed Mortgage: 3.250%, 0.250 discount points, 3.405% APR
10-Year Fixed Mortgage: 2.875%, 0.375 discount points, 3.125% APR
30-Year Fixed VA Mortgage: 3.625%, 1.625 discount points, 3.825% APR
30-Year Fixed FHA Mortgage: 3.625%, 1.625 discount points, 3.975% 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: 4.375%, 0.250 discount points, 4.466% APR
20-Year Fixed Mortgage: 4.000%, 0.625 discount points, 4.167% 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

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.

► Compare Today’s Mortgage Rates and Find The Best Loans

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 announced last week that the average interest rate on the 30-year fixed mortgage decreased to 4.34% from the former 4.41% that it held before. The average interest rate improved on the 15-year FRM as well, it currently hovers at 3.38%, a 9 basis points downtick compared to the previous rate level (3.47%).

For more information on current mortgage rates at BB&T Bank, borrowing terms and conditions, as well as further mortgage loan options, please head over to the lender’s website.