Summary of Current Mortgage Interest Rates at US Bank Corp on July 4, 2014
Moving along the same pricing lines, the popular American mortgage lender, US Bank Corp (NYSE: USB), chose to keep its benchmark 30 year fixed mortgage interest rates stable on July 4, 2014. As per most up to date mortgage information released by the bank this Friday, the standard home purchase as well as refinancing mortgage deals, are now coming out at the same lending rates as yesterday.
The mortgage shoppers, who are facing problem due to their poor credit history or the inability to deal with heavy down payments, can opt for FHA insured 30 year fixed rate mortgage home loans, which are now traded at an interest rate of 4.375% and an APR yield of 4.879% today. In the short term section, the 15 year FHA fixed rate mortgage home loans can be found seated next to an interest rate of 4.000% and an APR yield of 4.565%.
When it comes to adjustable rate mortgage deals, the interested customers can find the best 3 year variable rate packages being advertised at a starting interest rate of 2.250% and an APR yield of 3.261%. The more flexible, 5 year adjustable rate mortgage home loans can now be locked in at a starting interest rate of 2.625% and an APR yield of 3.250% during the initial years of the home loan period.