30 year fixed rate mortgages at Suntrust Banks (NYSE:STI) stand at 4.400% and APR of 4.4870%. The best 30 year FHA fixed rate loans have been published at 4.100% yielding a bit higher APR than the conventional loan of 5.1885%. 30 year jumbo fixed rate mortgage interest rates at the bank can be had for 4.700% and an APR of 4.7478% which is of course a bit higher than the non-jumbo loans.
VA 30 year interest rates have been listed at 4.125% with an APR of 4.3264%.
Shorter term 15 year fixed rate loan interest rates are available starting at 3.625% carrying an APR of 3.7861% today.
ARMs in the 5 year category at Suntrust can be had for 3.875% with a starting APR of 4.0326% which will change as interest rates adjust. 7/1 ARM loans are coming out at 3.700% with a starting APR of 3.9398%.
Independent of mortgage rates, Suntrust’s stock price gained ground to 56.23 up +0.21.