Standard 30 year loan interest rates at Suntrust Banks (NYSE:STI) are on the books at 3.990% with an APR of 4.1056%. The typically lower FHA 30 year loans are on the books at 3.800% with an APR of 4.8817%. The best 30 year jumbo fixed rate mortgages at the bank start at 4.400% carrying an APR of 4.4687%.
30 year VA FRMs have been quoted at 3.800% carrying an APR of 4.0038%.
The short term 15 year loan interest rates are being quoted at 3.400% at the bank today and an APR of 3.5214%.
ARM interest rates in the 5 year category can be had for 3.490% at Suntrust yielding an APR of 3.9041% at the beginning of the loan. 7/1 ARMs start at 3.400% today with an APR of 3.8122%.
Separately, this particular bank’s stock price strengthened to 54.36 up +0.77.