Daily Summary of Mortgage Interest Rates at US Bank Corp on May 30, 2014
Widely acclaimed for the stability in terms of lending rates, US Bank Corp (NYSE: USB) kept its side of the deal by quoting the same benchmark 30 year fixed mortgage interest rates on May 30, 2014. Towards the end of this trading week, the eligible home loan seekers, who plan on acquiring fixed or flexible home loan deals from US Bank Corp today, will find no change in the lending rates as compared to yesterday.
For interested customers, who find it difficult to secure conventional home loans due to poor credit score or inability to pay the heavy down payments, bank offers its FHA approved 30 year fixed rate mortgage loans at an interest rate of 4.375% and an APR yield of 4.879%. The relatively shorter, 15 year counterparts of the 30 year FHA fixed rate home loan deals can now be locked in at an interest rate of 4.000% and an APR yield of 4.565%.
When it comes to flexible home loan deals, the mortgage shoppers can spot the best 3 year adjustable rate home loans being listed at a starting interest rate of 2.250% and an APR yield of 3.261% to start with. For the seekers of more flexible home loans, 5 year adjustable rate home loan options are now up for grabs at an interest price of 2.625% and an APR yield of 3.250%.