30 year fixed rate mortgage interest rates are being offered for 4.400% at Suntrust Banks (NYSE:STI) yielding an APR of 4.4870%. The best 30 year FHA fixed rate mortgages are being quoted at 4.100% with a rather higher APR of 5.1885%. The typically higher interest jumbo 30 year loans are available starting at 4.700% at the bank and an APR of 4.7478% a bit higher than the non-jumbo loans.
30 year VA loans are 4.125% with an APR of 4.3264%.
Shorter term, popular 15 year loans at the bank start at 3.625% yielding an APR of 3.7861%.
The 5/1 ARMS at Suntrust are 3.875% with a starting APR of 4.0326%. ARM interest rates in the 7 year category have been published at 3.700% today with a starting APR of 3.9398%.
Independent of mortgage rates, Suntrust’s own stock price moved higher to 56.23 up +0.37%.
The best 30 year loan interest rates have been listed at 4.375% at Commerce Bank and an APR of 4.480% today. Shorter term, popular 15 year fixed rate mortgages are on the books at 3.500% at the bank today and an APR of 3.643%.
10 year FRM interest rates have been offered at 3.250% at the bank today and an APR of 3.456%. The best 20 year FRM interest rates are being offered for 4.125% today with an APR of 4.268%.
The 5 year ARM deals have been quoted at 3.250% at Commerce with an APR of 3.592%. 7 year ARM interest rates are available starting at 3.500% showing an APR of 3.666%.
Now Commerce’s own stock price increased to 58.23 up +0.12%.