The benchmark 30 year loan interest rates are being quoted at 3.625% at Suntrust Banks (NYSE:STI) with an APR of 3.734% today. The best 30 year FHA loans start at 3.625% yielding a bit higher APR than the conventional loan of 4.625%. 15 year loan interest rates at the bank are available starting at 2.800% carrying an APR of 3.013%.
The 5/1 ARMS at Suntrust stand at 2.400% carrying an APR of 2.895% to start. The 7/1 Adjustable Rate Mortgages are being offered for 2.625% today showing an APR of 2.935%.