30 year loan interest rates at Suntrust Banks (NYSE:STI) have been offered at 3.625% and an APR of 3.734%. 30 year FHA fixed rate loans at the bank are being quoted at 3.625% yielding a bit higher APR than the conventional loan of 4.625%. Popular 15 year loan interest rates are being offered for 2.800% and APR of 3.013% today.
The 5/1 ARMS have been offered at 2.400% at Suntrust with a starting APR of 2.895% which will change as interest rates adjust. The 7 year ARM interest rates start at 2.625% with a starting APR of 2.935%.