Today’s Mortgage Interest Rates at US Bank Corp (May 12, 2014)
The benchmark 30 year fixed mortgage interest rates retained their position at the popular American lender, US Bank Corp (NYSE: USB) on May 12, 2014. This Monday, the bank updated its mortgage information, which revealed that the conventional and refinancing mortgage deals are coming out at the same lending rates as towards the end of the last week.
For the borrowers, who are finding it difficult secure conventional home loan deals due to the poor credit score or the inability to service expensive down payments, the mortgage lender offers its FHA insured 30 year fixed rate mortgage plans at a lending rate of 4.375% and an APR yield of 4.879%. The relatively shorter, 15 year FHA fixed rate home loan schemes can be locked in at an interest rate of 4.000% and an APR yield of 4.565% this Monday.
For the mortgage shoppers, who are planning to finance their pricey realty investment through US Bank Corp, jumbo versions of the popular 30 year fixed rate mortgage options can be secured by paying an interest charge of 4.625% and agreeing to an APR yield of 4.777% today. In the short term lending section, 15 year jumbo fixed rate mortgage home loans can be seen published at an interest rate of 3.750 % and an APR yield of 4.008%.
As far as the flexible home loan deals are considered, the interested borrowers can secure the 3 year adjustable rate mortgage home loan packages at an interest rate of 2.250% and an APR yield of 3.261% during the starting years of the home loan tenure. The more flexible, 5 year adjustable rate mortgage deals are now up for grabs at a starting interest rate of 2.625% and an APR yield of 3.250% on the principal amount of home loan secured from the bank.