The benchmark 30 year fixed rate mortgages at Suntrust Banks (NYSE:STI) are published at 3.625% with an APR of 3.734%. The best 30 year FHA loans have been published at 3.625% yielding a bit higher APR than the conventional loan of 4.625%. The short term 15 year fixed rate mortgage interest rates are 2.800% with an APR of 3.013% today.
5/1 ARMs at Suntrust start at 2.400% carrying an APR of 2.895%. The 7/1 Adjustable Rate Mortgages are listed at 2.625% today with a starting APR of 2.935%.