Wednesday’s Rates For Mortgages July 23rd : Suntrust Bank

Suntrust Bank offers home mortgages. Their rates as of Wednesday July 23rd, 2014 are the following for each specified loan. For a 30 year fixed conventional loan the rate is 4.1%. Discount points 0.181. The origination fee is 1% and it carries a 4.2198% APR.

Their 15 year fixed conventional loan has a interest rate of only 3.2%. Discount points 0.075. The origination fee is 1% and it carries an 3.3909% APR.

Suntrust Bank also carries 30 year Jumbo fixed loans, 5/1 ARM loans, 7/1 ARM loans and 30 year FHA fixed loans. The rates on these are all different.

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The 30 year Jumbo fixed has an interest rate of 4.4% with discount points 0.367. The origination fee is also 1% and the APR is 4.5287. The 5/1 ARM has an interest rate of 2.99% with discount points 0.125. It has a 1% origination fee as well and carries a 2.9402 APR.

The 7/1 ARM 30 year has an interest rate of 3.3% with discount points 0.101. The origination fee is 1% and an APR of 3.119%. The last rate is the 30 year FHA loan. It has an interest rate of 3.7% with discount points 0.918. The same 1% origination fee and carries a 5.4017% APR.



Christian Calvin mortgage Christian is a contributing writer for He is a graduate from the University of Tennessee with a degree in Communications and a concentration in Broadcasting. Christian has served as vice-president for a privately-held company for more than 20 years. Additionally, he has also applied his writing and business knowledge to various websites with a focus on business and sports news . . . both of which are passions. Christian enjoys playing golf and spending time with his family and friends.


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