Standard 30 year loans at Suntrust Banks (NYSE:STI) have been quoted at 3.625% today carrying an APR of 3.734%. The best 30 year FHA fixed rate mortgage interest rates are being quoted at 3.625% at the bank and an APR of 4.625%. Shorter term 15 year FRM interest rates are available starting at 2.800% today and an APR of 3.013%.
5 year ARM loans are being quoted at 2.400% at Suntrust yielding an APR of 2.895% at the beginning of the loan. The 7/1 ARM loans can be had for 2.625% with an APR of 2.935%.