Maintaining its reputation, the renowned American mortgage lender, US Bank Corp (NYSE: USB) again managed to pull some strings and keep its benchmark 30 year fixed mortgage interest rates steady on April 4, 2014. For the borrowers, who plan on visiting the local branches of US Bank Corp today, the bank continues to trade its ideal fixed and flexible home loans at the same interest rates as yesterday.
In the long term financing category, the bank publishes its standard 30 year fixed rate mortgage home loan packages against an interest charge of 4.500% and an annual percentage rate of 4.673% today. On the other hand, in the short term lending section, the 15 year fixed rate mortgage loans can be seen sitting next to an interest rate of 3.500% and an APR yield of 3.811%. For the borrowers, who find standard and short term deals to be expensive, the bank is offering its shortest, 10 year fixed rate mortgage loans at a lending cost of 3.375% and an APR yield of 3.823% today.
For the potential buyers, who are interested in backing their expensive home investment through ideal finances, the bank currently offers its 30 year jumbo fixed rate mortgage home loans at an interest rate of 4.625% and an annual return rate of 4.777%. However, in the short term lending department, the 15 year jumbo fixed rate mortgage loans can be seen advertised at an interest rate of 3.750% and carrying an APR yield of 4.008%.
The mortgage shoppers, who are troubled by their poor credit scores of the past, or cannot deal with the heavy down payments, can now opt for the FHA approved 30 year fixed rate mortgage loans, which are presently traded by the bank at an interest rate of 4.375% and an APR yield of 4.879%. Alternatively, the shorter, 15 year counterparts of the 30 year FHA fixed rate mortgage plans are now up for grabs at an interest cost of 4.000% and an annual percentage return of 4.565%.
When it comes to the variable rate mortgage options, the interested customers can spot the best 3 year adjustable rate home loans being advertised at a starting interest price of 2.250% and an annual return equivalent to 3.261% to begin with. However, the 5 year adjustable rate mortgage packages are coming out at an interest rate of 2.625% and an APR yield of 3.250% on the principal amount of home loan secured from the bank.
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.