Staying put to its usual pricing approach, the popular mortgage lender, US Bank Corp (NYSE: USB) didn’t make any change to the benchmark 30 year fixed mortgage interest rates on April 18, 2014. As of now, the borrowers will find no change in the lending rates at which the fixed and flexible home loan deals are coming out today.
This Friday, the interested home buyers can secure the standard, 30 year fixed rate long term home loan deals at an interest rate of 4.500% and an annual percentage rate of 4.673%. On the other hand, the relatively shorter, 15 year fixed rate mortgage home loan plans are now coming out at an interest rate of 3.500% and are accompanied by an annual return rate of 3.811%. The borrowers can also opt for the shortest, 10 year fixed rate mortgage home loans, which are now being traded at a lending rate of 3.375% and an APR yield of 3.823% today.The borrowers, who are facing difficulties in acquiring conventional home loans due to their poor credit score or inability to deal with expensive down payment requirements, can go for the FHA approved 30 year fixed rate mortgage loans, which are now being traded at an interest price of 4.375% and an APR yield of 4.879%. However, the short term, 15 year FHA fixed rate mortgage home loan plans can now be secured at a lending rate of 4.000% and an APR yield of 4.565% today.For the mortgage shoppers, who are planning on making expensive home purchase and are looking forward to have it financed from US Bank Corp, the jumbo versions of its popular 30 year fixed rate mortgage home loans would be an ideal choice at an interest rate of 4.625% and an APR yield of 4.777%. On the other hand, the short term, 15 year counterparts of the 30 year jumbo fixed rate mortgage home loans are now up for grabs at an interest rate of 3.750% and an APR yield of 4.008%.
As far as the flexible home loan deals are considered, the bank is currently offering its 3 year adjustable rate mortgage loans at a starting interest rate of 2.250% and an APR yield of 3.261% during the starting year of the home loan. Alternatively, the more flexible, 5 year adjustable rate mortgage deals can be secured at an interest rate of 2.625% and an APR yield of 3.250% today.
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.