30 year loan interest rates are being quoted at 4.100% at Suntrust Banks (NYSE:STI) and APR of 4.1792%. The best 30 year FHA loan deals are 3.800% at the bank yielding a bit higher APR than the conventional loan of 4.8770%. The higher interest jumbo 30 year mortgage loans are being quoted at 4.625% yielding an APR of 4.6766%.
The VA 30 year FRMs are 3.800% yielding an APR of 3.9994%.
The shorter term 15 year loan deals are coming out at 3.400% at the bank carrying an APR of 3.5175%.
As far as ARMs go, 5 year interest rates at Suntrust start at 3.625% with an APR of 3.9400%. 7/1 ARMs can be had for 3.490% currently and an APR of 3.8503%.
Specifically, Suntrust’s stock price strengthened to 56.55 up +1.36.