30 year fixed rate loans at Suntrust Banks (NYSE:STI) start at 3.625% and an APR of 3.734% today. The lower FHA 30 year loan interest rates are published at 3.625% with an APR of 4.625%. The short term 15 year fixed rate mortgages are being offered for 2.800% at the bank with an APR of 3.013% today.
The 5/1 ARM loans have been listed at 2.400% at Suntrust with an APR of 2.895%. The 7/1 ARM interest rates have been quoted at 2.625% carrying an APR of 2.935%.