The best 30 year fixed rate mortgages at Suntrust Banks (NYSE:STI) can be had for 3.625% today carrying an APR of 3.734%. The lower FHA 30 year mortgage loans are listed at 3.625% carrying an APR of 4.625%. Shorter term 15 year loans have been published at 2.800% today with an APR of 3.013%.
ARM loans in the 5 year category stand at 2.400% at Suntrust carrying an APR of 2.895%. The 7/1 ARM loans are coming out at 2.625% currently carrying an APR of 2.935%.