30 year loans at Suntrust Banks (NYSE:STI) are available starting at 3.625% today yielding an APR of 3.734%. 30 year FHA loan deals are on the books at 3.625% at the bank and APR of 4.625%. The shorter term 15 year loan deals are being quoted at 2.800% at the bank carrying an APR of 3.013% today.
The 5 year ARM loans at Suntrust have been published at 2.400% and the APR is 2.895% on initial purchase. The 7 year ARMs have been listed at 2.625% currently and APR of 2.935%.