Mortgage Interest Rates Remain Steady at US Bank Corp on June 5, 2014
As another trading week is reaching to an end, the popular US based mortgage lender, US Bank Corp (NYSE: USB), decided to avoid shocking its customers by increasing the benchmark 30 year fixed mortgage interest rates, as in the case of some other lenders, on June 5, 2014. According to the most up to date mortgage information provided to the borrowers today, the fixed as well as flexible home loan plans are being traded at the same interest rates as yesterday.
In the exclusive home loan section, the borrowers who are planning on making an expensive realty investment and are hoping to have it financed through US Bank Corp, bank quotes jumbo versions of its 30 year fixed rate mortgage home loans at an interest rate of 4.625% and an APR yield of 4.777%. The relatively shorter, 15 year counterparts of the 30 year jumbo fixed rate mortgage loans can now be locked in at an interest rate of 3.750% and an APR yield of 4.008%.
When it comes to adjustable rate mortgage deals, US Bank Corp offers its best 3 year adjustable rate mortgage home loan packages at an interest rate of 2.250% and APR yield of 3.261% this Thursday. The more flexible, 5 year adjustable rate home loan plans are traded at an interest rate of 2.625% and an APR yield of 3.250% today.