Known 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.
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%.