SunTrust (NYSE:STI) is trailing just fractionally behind US Bank (NYSE:USB) in terms of published mortgage rates today, though the gap is less than significant across most popular packages.
The best 30 year loan deals at Suntrust Banks (NYSE:STI) start at 3.300% and APR of 3.430%. 30 year FHA loan deals have been published at 3.200% with a bit higher APR of 4.279%. 15 year fixed rate mortgage interest rates have been published at 2.700% at the bank and APR of 2.886% today.
In the ARM arena, 5 year loans have been quoted at 2.250% at Suntrust with a starting APR of 2.929% which will change as interest rates adjust. The 7 year ARM interest rates are available starting at 2.400% with an APR of 2.914%.
The benchmark 30 year fixed rate mortgage interest rates stand at 3.250% at US Bankcorp (NYSE:USB) and APR of 3.472% today. The best 30 year FHA FRM interest rates at the bank are coming out at 3.250% with a bit higher APR of 3.791%. The best 30 year jumbo fixed rate loan interest rates at the bank stand at 3.625% and APR of 3.768%.
The short term 15 year loan deals at the bank are coming out at 2.500% carrying an APR of 2.857% today.
The FHA 15 year loans start at 2.750% with an APR of 3.433% today. 15 year Jumbo FRMs have been quoted at 2.750% carrying an APR of 3.000% today. 10 year loan deals are available starting at 2.500% at the bank and APR of 2.967%.
3 year ARM loans have been listed at 3.500% yielding an APR of 3.657% to start. As far as ARMs go, 5 year deals are being quoted at 2.875% at US Bank with an APR of 3.420%.