Summary of Mortgage Interest Rates at US Bank Corp on March 18, 2014
Following its usual pricing policy, US Bank Corp (NYSE: USB) decided to maintain a stability in its loan offerings and quoted same benchmark 30 year fixed mortgage interest rates on March 18, 2014. Today, the eligible home loan borrowers can now spot the ideal fixed, flexible and other unique home loan deals being traded at the same interest rates as yesterday, which is certainly helpful for the bank in maintaining a steady demand for its loan products in the market.
As of now, the standard, long term, 30 year fixed rate mortgage home loan deals are being traded at an interest rate 4.500% and are carrying an annual percentage rate of 4.673%. Contrariwise, the short term, 15 year fixed rate mortgage home loan deals can be locked in at an interest rate of 3.500% and an APR yield of 3.811% today. The interested borrowers can also find the shortest, 10 year fixed rate mortgage home loan deals, being
advertised at an interest price of 3.375% and backed by an APR yield of 3.823% today.
For the customers, who are finding it difficult to secure a conventional home loan due to their poor credit score of the past, or are facing problems in servicing the huge down payment requirements, the bank is currently offering FHA versions of its popular 30 fixed rate mortgage loans at an interest rate of 4.375% and an APR yield of 4.879% today. On the other hand, the short term, 15 year FHA insured fixed rate home loan deals are up for grabs at an interest price of 4.000% and an APR yield of 4.565%.
The potential home buyers, who are planning on securing ideal home loan deals for financing their expensive home investment, can opt for the jumbo variants of the popular 30 year fixed rate mortgage home loans, which are now coming out at an interest rate of 4.625% and an APR yield of 4.777% today. Alternatively, the short term, 15 year counterparts of the 30 year jumbo fixed rate mortgage home loan options can be acquired at an interest rate of 3.750% and an APR yield of 4.008% today.
As far as the flexible home loan deals are considered, the bank is now offering its best 3 year adjustable rate mortgage deals at an interest rate of 2.250% and an annual return rate of 3.261% to begin with. For the borrowers looking forward to enjoy more flexibility, the bank provides 5 year adjustable rate mortgage home loans at an interest cost of 2.625% and an APR yield of 3.250% on the basic amount of home loan sanctioned by the bank.
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.