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Current Mortgage Interest Rates at US Bank Corp on April 15, 2014

Current Mortgage Interest Rates at US Bank Corp on April 15, 2014

Business

Current Mortgage Interest Rates at US Bank Corp on April 15, 2014

Current Mortgage Interest Rates at US Bank Corp on April 15, 2014In today’s, highly unpredictable market, where every mortgage lender is struggling hard to offer best interest rates in the market, US Bank Corp (NYSE: USB) always manages to stand apart by quoting unchanged lending rates. In the mortgage rate charts published by the bank on April 15, 2014, the benchmark 30 year fixed mortgage interest rates are still holding the same spot as yesterday, which will certainly act in the favor of bank in terms of steady market demands.

As of now, in the standard, long term home financing division, the bank is offering its 30 year fixed rate mortgage home loans at an interest rate of 4.500% and an APR yield of 4.673%. However, the short term, 15 year fixed rate home loan plans can be secured at an interest rate of 3.500% and an APR yield of 3.811% this Tuesday. The interested customers can also find the shortest, 10 year fixed rate mortgage home loans being listed at an interest rate of 3.375% and an APR yield of 3.823%.

The seekers of special home loan deals for financing their expensive realty investments can opt for the jumbo variants of popular 30 year fixed rate home loan packages, which are now being traded at an interest rate of 4.625% and carry an APR yield of 4.777%. On the other hand, the short term, 15 year jumbo fixed rate mortgage home loan deals can be locked in at an interest rate of 3.750% and an annual return rate of 4.008%.

The potential home buyers, who are troubled by their poor credit rating or are unable to deal with the hefty down payment requirements, can pick the FHA insured 30 year fixed rate mortgage loans, which are now coming out at an interest rate of 4.375% and an APR yield of 4.879%. Alternatively, the short term, 15 year counterparts of the 30 year FHA fixed rate home loan options are up for grabs at a lending rate of 4.000% and an APR yield of 4.565%.

As far as the adjustable rate mortgage options are considered, the mortgage shoppers can find the best 3 year mortgage deals being advertised at an interest rate of 2.250% and an APR yield of 3.261% to begin with. On the other hand, the more flexible, 5 year adjustable rate home loan deals are now coming out at a starting interest cost of 2.625% and an APR yield of 3.250% during the starting years of the home loan period.

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.

About Stephany Wilson

Stephany Wilson covers business and finance related news.

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