30 year fixed rate mortgages at Suntrust Banks (NYSE:STI) stand at 3.625% carrying an APR of 3.734%. 30 year FHA fixed rate mortgages start at 3.625% at the bank carrying an APR of 4.625%. 15 year fixed rate mortgages have been quoted at 2.800% carrying an APR of 3.013% today.
The 5/1 Adjustable Rate Mortgage interest rates have been offered at 2.400% at Suntrust with a starting APR of 2.895% which will change as interest rates adjust. The 7/1 Adjustable Rate Mortgage interest rates are published at 2.625% today with a starting APR of 2.935%.