Standard 30 year fixed rate loans start at 3.625% at Suntrust Banks (NYSE:STI) yielding an APR of 3.734%. The best 30 year FHA loan deals are on the books at 3.625% at the bank yielding a bit higher APR than the conventional loan of 4.625%. Shorter term, popular 15 year loan deals have been listed at 2.800% at the bank today carrying an APR of 3.013%.
5/1 ARMs are coming out at 2.400% at Suntrust yielding an APR of 2.895% at the beginning of the loan. 7/1 ARM loans are published at 2.625% currently with an APR of 2.935%.