BB&T RACING
Fixed Rate Mortgages
Conventional fixed rate mortgages have a consistent interest rate for their entire term, so your payments remain the same for the life of your loan. A fixed rate mortgage may be right for you, if you prefer to budget a specific payment amount into your monthly expenses.
- Allows for easy budgeting and long-term planning
- If interest rates are low, allows you to lock in favorable rates for the long term
- Provides predictable financing for investment properties
- Includes jumbo loan financing options
- Conventional Fixed
- Online Access
Conventional fixed rate mortgages offer home buyers the following benefits:
- Consistent loan payment amount
- Easy budgeting and long-term planning
- Lets borrower lock-in low rates
- Stable financing for investment property
Recommended For
Conventional fixed rate mortgages may be right for you if you:- Want a consistent monthly payment
- Don’t expect to relocate, refinance or move in the next few years
- Are not sure if you’ll see an income increase in the next few years
Terms
BB&T Home Mortgage offers the following terms for conventional fixed rate loans:- 10, 15, 20 and 30 years
Free to all BB&T mortgage clients, BB&T OnLine® provides 24/7 secure access to your mortgage account, along with your other BB&T accounts. With BB&T OnLine, your mortgage information is at your fingertips.
Complete Self-Service Tasks
- Make a payment
- Set up automatic payments
- Customize email alerts
- Update contact information
Get Loan Information at Your Convenience
- Review loan activity
- Access loan amortization schedule
- Evaluate payoff information
- Review year-end statement
Today's Mortgage Rates
| Product | Rate | APR |
|---|---|---|
| 30yr Fixed | 5.125% | 5.225% |
| 15yr Fixed | 4.500% | 4.600% |
| 7/1 ARM | 4.275% | 4.075% |
| 5/1 ARM | 4.000% | 3.060% |
