Today’s Mortgage Interest Rates at US Bank Corp (May 7, 2014)
This Wednesday, at the popular American mortgage provider, US Bank Corp (NYSE: USB), the benchmark 30 year fixed mortgage interest rates didn’t show any change from the interest figures quoted in the yesterday’s mortgage charts. As of now, the qualified home loan seekers can acquire the fixed and flexible home loan packages at the same interest rates, without burning a hole in their pocket owing to the increased interest rates, which is the case with some other mortgage providers today.
The potential home buyers, who find it difficult to secure standard home loans due to poor credit score or insufficient funds in hand to service down payments, can reap the benefits of FHA approved 30 year fixed rate mortgage schemes, which are now traded at a lending rate of 4.375% and an APR yield of 4.879%. The lender also offers the short term, 15 year FHA fixed rate mortgage home loans at an interest rate of 4.000% and an annual return rate of 4.565% today.
In the flexible lending division, the 3 year adjustable rate mortgage deals are published at a starting interest rate of 2.250% and APR yield of 3.261%. On the contrary, the more flexible, 5 year variable home loans can be locked in at an interest rate of 2.625% and an APR yield of 3.250% to start with.