The benchmark 30 year FRMs at Suntrust Banks (NYSE:STI) are on the books at 3.490% today carrying an APR of 3.635%. The lower FHA 30 year loans are published at 3.500% with a bit higher APR of 4.494%. Shorter term, popular 15 year loans at the bank have been quoted at 2.750% today with an APR of 2.955%.
As far as ARMs go, 5 year loans at Suntrust can be had for 2.400% with an APR of 2.898%. The 7/1 Adjustable Rate Mortgages have been offered at 2.625% today with a starting APR of 2.936%.