The benchmark 30 year loans at Suntrust Banks (NYSE:STI) have been listed at 3.990% and APR of 4.1068%. The lower FHA 30 year mortgage loans stand at 3.750% yielding a bit higher APR than the conventional loan of 4.8318%. The typically higher interest jumbo 30 year mortgage interest rates are published at 4.400% yielding an APR of 4.4646%.
VA 30 year FRMs start at 3.800% and APR of 3.9881%.
The shorter term 15 year fixed rate loan interest rates at the bank are coming out at 3.300% carrying an APR of 3.4381%.
The 5/1 ARM interest rates at Suntrust have been quoted at 3.400% yielding an APR of 3.8715% to start. 7/1 ARM interest rates have been listed at 3.400% today yielding an APR of 3.7963%.
Related to the market discussion, the banks stock dropped to 53.89 down -1.14%.