Daily Mortgage Rates Summary at US Bank Corp – May 21, 2014
Popular among the borrowers for its stable pricing policy, US Bank Corp (NYSE: USB) did manage to stroll along steady lines and quote unchanged benchmark 30 year fixed mortgage interest rates on May 21, 2014. This Wednesday, the interested borrowers can find the ideal fixed as well as flexible home loan plans being traded at the same interest rates as yesterday, thereby not burdening their pocket with a sudden rise in lending rates.
The mortgage shoppers, who are troubled by their poor credit score of the past or are unable to meet heavy down payment requirements, can reap the benefits of FHA insured 30 year fixed rate mortgage home loan packages, which are now advertised at a lending rate of 4.375% and an carrying an APR yield of 4.879%. The short term, 15 year FHA fixed rate mortgage home loan deals are now up for grabs at an interest cost of 4.000% and an APR yield of 4.565% this Wednesday.
In the flexible home loan section, the bank is currently offering its 3 year adjustable rate mortgage home loan options at a starting interest rate of 2.250% and an APR yield of 3.261%. For the seekers of more flexible lending rates, 5 year adjustable rate mortgage deals would be an ideal pick at an interest rate of 2.625% and an APR yield of 3.250% today.