Standard 30 year loan deals at Suntrust Banks (NYSE:STI) start at 3.625% today yielding an APR of 3.734%. The FHA 30 year loans have been listed at 3.625% at the bank with a bit higher APR of 4.625%. The short term 15 year loan deals at the bank are being offered for 2.800% carrying an APR of 3.013% today.
5/1 ARM loans are 2.400% at Suntrust with a starting APR of 2.895%. ARM interest rates in the 7 year category are listed at 2.625% currently yielding an APR of 2.935%.