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Current Mortgage Interest Rates at US Bank Corp on July 9, 2014

Current Mortgage Interest Rates at US Bank Corp on July 9, 2014

Business

Current Mortgage Interest Rates at US Bank Corp on July 9, 2014

Current Mortgage Interest Rates at US Bank Corp on July 9, 2014Moving along steady lines, the popular US based mortgage lender, US Bank Corp (NYSE: USB), decided to publish same benchmark 30 year fixed rate mortgage home loan rates on July 9, 2014. The borrowers, who are planning on stopping by the local branches of US Bank Corp in search of ideal home loan deals, will now find no change in the fixed as well as flexible interest rates in comparison to yesterday.

This Wednesday, the interested borrowers, can spot the standard, 30 year fixed rate long term home loans being traded at the same interest rate of 4.500% and carrying an annual percentage yield of 4.673% today. The relatively shorter, 15 year fixed rate mortgage deals are now up for grabs at an interest rate of 3.500% and an annual percentage rate of 3.811% today. The shortest, 10 year fixed rate mortgage home loan plans can be now be locked in at an interest rate of 3.375% and annual return of 3.823% today.The customers, who are unable to secure conventional home loans due to poor credit score of the past or inability to deal with heavy down payment conditions, can opt for the FHA approved 30 year fixed rate mortgage home loan deals, which are now listed at an interest rate of 4.375% and an APR yield of 4.879%. The short term, 15 year FHA fixed rate mortgage home loans are now coming out at an interest rate of 4.000% and an annual percentage rate of 4.565% this Wednesday.

As far as expensive home loans are concerned, US Bank Corp now offers the ideal 30 year jumbo fixed rate mortgage home loans at an interest rate of 4.625% and an annual percentage return of 4.777%. The relatively shorter, 15 year jumbo fixed rate mortgage home loan deals can now be seen seated next to an interest rate of 3.750% and an annual percentage yield of 4.008% today.

For the potential home buyers, who want more flexibility in terms of interest rates, the bank is now offering its best 3 year adjustable rate mortgage home loan deals at a starting interest rate of 2.250% and an annual return rate of 3.261% The more flexible, 5 year adjustable rate mortgage home loan plans are now up for grabs at an interest cost of 2.625% and an annual percentage yield of 3.250% on the principal amount of the loan taken 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.

About Stephany Wilson

Stephany Wilson covers business and finance related news.

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