Sun Trust Bank mortgage rates February 2012

16 Feb 2012 at 22:22

Bank Reviews

Suntrust Mortgage Rates

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Whether you are looking to buy a new home or refinance an existing one, its important you have the most competitive rates. This will lower your monthly payments as well as your financial commitment. There are many kinds of mortgages offered by banks such as SunTrust Bank and its important you do appropriate research and choose the one that best fits your needs.

The fixed rate mortgages are those that come with the same rate of interest throughout the entire period of the loan and its best to go for this option when you can lock in a lower rate at the time of signing. An adjustable rate mortgage (ARM) on the other hand, is a loan that has a variable rate of interest throughout the period of the loan and the rate at any given point of time depends on the market conditions. A jumbo loan is one that requires a huge amount of money as loan while FHA loan is one that is guaranteed by the Federal and Housing Authority.

The current SunTrust Bank mortgage rates are 4.006% APR for a 30-year fixed loan and 3.424% APR for a 15-year fixed loan respectively. The SunTrust interest rates are 2.454% APR for a 5 year ARM loan and 2.593% APR for a seven year ARM loan. The interest rates for a 30 year jumbo SunTrust home loans are 4.482% when the loan is fixed. For a 30 year fixed FHA loan, the rates are 4.638% APR. These rates are fairly competitive under the given market conditions and this makes it a good option for anyone looking to buy a new home or to refinance their existing mortgage.

Sun Trust Bank online banking January 2012

24 Jan 2012 at 20:31

Bank Reviews

SunTrust Online Banking

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Online banking makes it possible for millions of people to access their accounts and to stay on top of their finances irrespective of their physical location. Whether they are living in a remote part of the country or are constantly on the go, this feature helps them to perform their business transactions without any hassle. This is the reason most banks offer this option to their customers and Sun Trust Bank is no exception.

Sun Trust Bank online banking makes it easy for customers to check their account balances as well as their transactions at any time. All the different savings, lending and checking accounts can be checked using a single log in name and password as this is more convenient than using different log ins for different accounts. Moreover, the check images for all accounts can be viewed through Sun Trust online banking system.

Sun Trust internet banking offers bill pay option to customers. Monthly payments to different utility companies can be scheduled ahead of time and the bank will make the payment on the specified date. This helps customers to avoid late fees and penalties that come with forgetting to pay them before the due date. It is also convenient as customers do not have keep track of payments every month. Using the online system Sun Trust interest rates on different products can be obtained. This real time information can be useful in making the right financial decisions that can impact the future of customers. For all these reasons, this online banking system improves the overall banking experience for all customers.

Sun Trust Money Market rates December 2011

20 Dec 2011 at 22:16

Bank Reviews

Suntrust Money Market Rates

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Money market accounts are a good way to earn a higher amount of interest and at the same time, enjoy the flexibility and accessibility that comes with it. Your funds are also available for your use and you do not have to pay a penalty for early withdrawal like a CD. The Sun Trust interest rates are competitive and the features are also convenient and this makes it an attractive form of investment for investors like you.

When you open a Sun Trust money market account, you can make additional deposits to the account at any time. It is also easy to open an account and all that you need is a Sun Trust checking account and an initial deposit of $100. There is no monthly maintenance fee when a minimum of $5,000 is maintained in the account. With this account, you can also get overdraft protection for the related checking account. It is FDIC insured and so, you can be assured that your money is in safe hands. Along with this account, you also have access to online and mobile banking so that you can stay on top of your balances anytime and from anywhere.

The current Sun Trust Bank money market rates are 0.05% APY for a balance of up to $10,000. The Sun Trust money market rates are 0.10% for a balance of $10,000 to $25,000; 0.15% APY for a balance of $25,000 to $50,000; 0.20% APY for a balance of $50,000 to $100,000 and 0.25% for all balances over $100,000 respectively. These interest rates are attractive in the given market conditions.

Sun Trust CD rates November 2011

12 Nov 2011 at 21:33

Bank Reviews

SunTrust CD Rates

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Sun Trust is a leading bank in the country that offers many products to suit the needs of its customers. One of its well-known products is the certificate of deposits (CD) because of the convenience and good returns that comes with it. Sun Trust CD provides the customers a safe and secure way to earn interest on their investments. These CDs offer a fixed rate of interest through the entire period of the term and this makes it a great way to lock in a higher rate and enjoy it when the market conditions are poor.

Sun Trust CDs come in a range of terms from seven days to ten years and customers can choose the period that is comfortable for them. The minimum amount required to open a CD is $2,000 and the more the investment, the higher the interest earned on it. Another advantage of this CD is that customers are insured by FDIC for the maximum amount allowed by law at any given point of time. Also, the interest that is earned on the CD can be added on to the CD or transferred to a checking account with Sun Trust Bank. All customers enjoy online and mobile banking options.

The current Sun Trust certificate of deposit rates for a 59-month CD is 1.30% APY. For a 37-month CD, the Sun Turst Bank CD rates are 0.85% APY while for a term of 25 months, the interest rates are 0.65% APY. The Sun Trust CD rates for a term period of 15 months is 0.45% APY and for a term of nine months, it is 0.25% APY. These Sun Trust interest rates are competitive.

Sun Trust Bank Savings account rates September 2011

18 Sep 2011 at 19:06

Bank Reviews

SunTrust Savings Rates

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Sun Trust Bank is a strong financial institution that is based in Atlanta and offers financial services and products to customers who are located in the states of Florida, Georgia, Maryland, North Carolina, South Carolina, Tennessee, Virginia, West Virginia and District of Columbia. They have 1,665 branches and 2,924 ATMs to meet the financial needs of customers located in these states. Other than this, they offer online banking service for customers to access their account information from any place and at any time.

Among the many products offered by Sun Trust bank, one of their most well-known is the savings account. The minimum balance required to open an account is $100 and there is no maximum limit. It is FDIC insured and this means customers can relax and enjoy a peace of mind knowing that their money is in safe hands. The monthly maintenance fee is waived if there is a minimum daily balance of $300 of if there is a minimum of $5 automated monthly transfer from a Sun Trust Bank’s checking account. Also, an excessive withdrawal fee of $4 is charged when there are more than two pre-authorized transactions in a month and this fee is waived for accounts that have a balance of $2,500 or more. This account comes with free access to online banking, phone banking and email alerts.

The current Sun Trust Bank savings account rates are 0.04% APY. The Sun Trust interest rates are compounded daily and are credited to the account at the end of every month. This rate is competitive in the given market condition and this makes Sun Trust savings account a high interest earning account.

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