The best 30 year FRMs have been listed at 3.625% at Suntrust Banks (NYSE:STI) today and an APR of 3.734%. 30 year FHA loan deals have been published at 3.625% at the bank and an APR of 4.625%. Shorter term 15 year FRM interest rates are 2.800% at the bank today yielding an APR of 3.013%.
ARMs in the 5 year category are being offered for 2.400% at Suntrust carrying an APR of 2.895%. The 7 year ARM deals are being quoted at 2.625% currently with a starting APR of 2.935%.