The benchmark 30 year loan deals are being offered for 3.625% at Suntrust Banks (NYSE:STI) today yielding an APR of 3.734%. The lower FHA 30 year loan interest rates can be had for 3.625% with an APR of 4.625%. The shorter term 15 year fixed rate loans have been published at 2.800% at the bank yielding an APR of 3.013% today.
5/1 ARMs are coming out at 2.400% at Suntrust showing an APR of 2.895%. 7/1 ARM loans are listed at 2.625% currently yielding an APR of 2.935% to start.