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Current Mortgage Interest Rates at US Bank Corp on April 17, 2014

Current Mortgage Interest Rates at US Bank Corp on April 17, 2014

Business

Current Mortgage Interest Rates at US Bank Corp on April 17, 2014

Current Mortgage Interest Rates at US Bank Corp on April 17, 2014Known for its steady pricing approach, US Bank Corp (NYSE: USB) managed to live up to its image and published unchanged benchmark 30 year fixed mortgage interest rates on April 17, 2014. The potential home borrowers, who are planning on acquiring fixed or flexible home loan deals today, will be pleased to find no absolute change in the mortgage interest rates at US Bank Corp today.

A closer look at the latest mortgage home loan charts released by the bank will reveal that the standard, long term, 30 year fixed rate mortgage loans still stand quoted at an interest rate of 4.500% and carrying an annual percentage yield of 4.673% today. On the other hand, the short term, 15 year fixed rate mortgage loans can be locked in at a lending rate of 3.500% and an APR yield of 3.811%. However, the shortest, 10 year fixed rate mortgages can be secured at an interest rate of 3.375% and an APR yield of 3.823%.On the other hand, the borrowers, who want to finance their expensive home investments through US Bank Corp, can opt for the 30 year jumbo fixed rate mortgage loans, which are now traded at a lending rate of 4.625% and an annual percentage yield of 4.777%. Alternatively, the short term, 15 year jumbo fixed rate mortgage home loans can be locked in at an interest rate of 3.750% and an APR yield of 4.008% today.

The borrowers, who are troubled by their poor credit score of the past, or are unable to procure ideal finances by serving the hefty down payments, can go for the FHA insured 30 year fixed rate mortgage loans, which are now traded at an interest rate of 4.375% and are accompanied by an APR yield of 4.879%. However, the relatively shorter, 15 year FHA fixed rate mortgage loans are now up for grabs at a lending price of 4.000% and an APR yield of 4.565%.

As far as the adjustable rate financing options are considered, the borrowers can now procure the best 3 year variable rate home loan options at an interest rate of 2.250% and an APR yield of 3.261% during the starting years of the home loan. On the other hand, the more flexible, 5 year adjustable rate mortgage deals are tagged with an interest price of 2.625% and are offering an annual percentage yield of 3.250%.

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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