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US Bank Corp kept its Mortgage Interest Rates flat on December 27, 2013

US Bank Corp kept its Mortgage Interest Rates flat on December 27, 2013

Business

US Bank Corp kept its Mortgage Interest Rates flat on December 27, 2013

US Bank Corp kept its Mortgage Interest Rates flat on December 27 2013US Bank Corp (NYSE: USB) is one such mortgage lender that has always been at the forefront when it comes to keeping its interest rates stable for as long as possible, and the mortgage loan options as much popular as possible. Following a steady pace, the American mortgage lender made no changes to its standard 30 year fixed mortgage interest rates on December 27, 2013, thereby maintaining a steady demand of its loaning options in the market.

Today, the mortgage shoppers looking for long term financing options can have the benchmark 30 year fixed rate mortgage home loans at an interest rate of 4.500% and an annual return rate of 4.673%. However, the short term, 15 year fixed rate mortgage loans are coming out at a lending rate of 3.500% and carry an APR yield of 3.811% today. The borrowers can also find the shortest, 10 year fixed rate home loan deals published in the bank’s books against a lending charge of 3.375% and an APR yield of 3.823%.

The mortgagors, who are troubled by the poor credit score of the past and are finding it difficult to get a standard home loan, can go for the FHA approved 30 year fixed rate mortgage packages that are now traded by US Bank Corp at an interest cost of 4.375% and an APR yield of 4.879% today. Alternatively, the borrowers can also find the 15 year counterpart of the 30 year FHA FRM options quoted at a rate of 4.000% and carrying an APR yield of 4.565%.

Among the other lending options available with the US based lender, the potential home buyers can find 30 year jumbo fixed rate mortgage schemes being advertised at an interest rate of 4.625% and carrying an annual return rate of 4.777%. When it comes to short term lending, the mortgagors can also find the 15 year jumbo fixed rate mortgage loans being quoted at a lending rate of 3.750% and an APR yield of 4.008%.

The VA variants of the 30 year fixed rate home loans can be acquired by bearing an interest payment of 4.500% and enjoying an annual return of 4.846% today. The relatively shorter, 15 year VA fixed rate mortgage plans are now available for those who are ready bear an interest burden of 4.000% and are satisfied with an APR yield of 4.721%.

For the potential borrowers who want to have more flexible rates of interest, the bank offers 3 year adjustable rate mortgage home loan deals against a lending charge of 2.250% and an APR yield of 3.261% today. However, the more flexible, 5 year adjustable rate home loan packages are now rated at 2.625% and come along with an APR yield of 3.250% to begin with.

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.

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