Regions is one of the largest banks in the United States, so we here at Bank Rate Reviews had to look at the current mortgage rates at Regions Bank for our readers. Regions offers several mortgage packages, depending on your situation and needs. Regions Bank mortgage rates are competitive and they offer loans at fixed, ARM, first time, construction, and more.
Currently, the fixed-rate Regions home loans are averaging about 6.70% annual percentage rate (APR) at 80% for 15 years and 6.95% for 30. That’s for average qualifying credit. Adjustable Rate Mortgage (ARM) offers are at 30 years, with 1-10 year fixed-to-adjust times at 6.875% APR to start before adjusting.
For first time buyers, Regions home loans offers limited down payment options with average interest rates being around 7.88% APR for 30 years. Those are fixed mortgage rates at Regions Bank offerings, not ARMs. Other, more flexible options such as interest-only and similar loan products are also available at various Regions Bank mortgage rates.
Under the unique MyCommunity Mortgages plan, Regions bank rates are offered for various alternative plans to get your home.
Whatever you’re looking for in a mortgage, you’ll probably want to have a closer look at the mortgage rates at Regions Bank to see what they can offer you. They ar ea large, well-established lender with a lot to offer. Maybe Regions home loans are for you.
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