Choosing to row down the same steady stream, the popular mortgage lender, US Bank Corp (NYSE: USB) made no absolute change to its benchmark 30 year fixed mortgage interest rates on April 30, 2014. According to the newly released mortgage information, the fixed as well as flexible home loan deals can be locked in at the same interest rates as yesterday, which certainly points towards a steady demand of USB home loan deals in the market today.
To start with, the standard, long term, 30 year fixed rate mortgage home loans are now advertised at an interest rate of 4.500% and an annual percentage rate of 4.673% today. On the other hand, the shorter, 15 year fixed rate mortgage home loans deals are tagged with an interest price of 3.500% and are backed by an ARP yield of 3.811% this Wednesday. The mortgage shoppers can find the shortest, 10 year fixed rate home loan options listed against an interest rate of 3.375% and an APR yield of 3.823% today.The mortgage shoppers, who are facing issues in obtaining standard home loan deals owing to their poor credit score of the past or their inability to service heavy down payments demanded by the banks, can reap the benefits of the FHA backed 30 year fixed rate mortgage home loans, which are now traded at a lending rate of 4.375% and an APR yield of 4.879%. On the contrary, the short term, 15 year counterparts of the 30 year FHA fixed rate mortgage home loans can be seen published in the bank’s books at an interest rate of 4.000% and an APR yield of 4.565% today.
For the potential home buyers, who are planning on financing their expensive home investments through US Bank Corp, jumbo versions of its popular 30 year fixed rate mortgage deals would be an ideal pick at an interest rate of 4.625% and an APR yield of 4.777%. On the other hand, the short term, 15 year jumbo fixed rate home loan options can now be found traded at an interest rate of 3.750% and an APR yield of 4.008% today.
As far as the more flexible mortgage home loans are concerned, 3 year adjustable rate home loans can be seen coming out at an interest rate of 2.250% and an annual return rate of 3.261% to start with. However, the more flexible, 5 year flexible rate mortgage plans are up for grabs at an interest rate of 2.625% and an APR yield of 3.250% this Wednesday.
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Disclaimer: The advertised rates were submitted by each individual lender/broker on the date indicated. Rate/APR terms offered by advertisers may differ from those listed above based on the creditworthiness of the borrower and other differences between an individual loan and the loan criteria used for the quotes.