With the prime motive of offering steady mortgage options to the potential borrowers, the popular American lender, US Bank Corp (NYSE: USB), continues to quote the same benchmark 30 year fixed mortgage interest rates on August 21, 2014. The mortgage shoppers, who are looking forward to pay local home loan department of US Bank Corp a visit this Thursday, will find no alterations in the ideal fixed and flexible home loan rates as compared to yesterday.
As per the most up to date mortgage data provided by the bank, the standard, long term, 30 year fixed rate mortgage home loans are now up for grabs at the same interest rate of 4.500% and an annual percentage rate of 4.673%. For the borrowers interested in walking down the short term lending route, bank is currently offering 15 year fixed rate mortgage options at an interest rate of 3.500% and an APR yield of 3.811%. The shortest, 10 year fixed rate mortgage options can also be found published in the loan portfolio at an interest rate of 3.375% and an APR yield of 3.823% today.
The potential home buyers, who are finding it problematic to secure conventional home loan due to their bad credit score or inability to with heavy down payment requirements, can now acquire the FHA insured 30 year fixed rate mortgage home loans, which are currently being traded at an interest rate of 4.375% and an APR yield of 4.879% this Thursday. The relatively shorter, 15 year FHA fixed rate mortgage home loan options can now be locked in at an interest cost of 4.000% and are carrying an APR yield of 4.565%.
For the interested borrowers, who plan on having their expensive realty investment financed through US Bank Corp, the 30 year jumbo fixed rate mortgage home loan deals would prove to be perfect options at the same interest rate of 4.625% and an annual percentage yield of 4.777%. The relatively shorter, 15 year counterparts of the 30 year jumbo fixed rate mortgage plans are can now be seen hanging around an interest rate of 3.750% and an annual return rate of 4.008% today.
The mortgage shoppers, who are seeking ideal home loan deals at flexible interest rates, can now secure the best 3 year adjustable rate mortgage home loan packages, which can be seen, advertised at a starting interest cost of 2.250% and an APR yield of 3.261% on the principal amount of home loan taken from the bank.. The more flexible, 5 year adjustable rate mortgage plans can now be acquired by bearing an interest cost of 2.625% and agreeing to 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.