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Current Mortgage Interest Rates at US Bank Corp on May 26, 2014

Current Mortgage Interest Rates at US Bank Corp on May 26, 2014

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Current Mortgage Interest Rates at US Bank Corp on May 26, 2014

Current Mortgage Interest Rates at US Bank Corp on May 26, 2014Sticking to its usual pricing policy, the popular, US Bank Corp (NYSE: USB) did not surprise its customers by making no pleasant or unpleasant changes to the benchmark 30 year fixed mortgage interest rates on May 26, 2014. According to the recent mortgage information quoted by the bank, the ideal fixed and flexible home loan deals are coming out at the same interest rates on Monday as towards the end of the previous week.

To start with the standard, long term loan offerings of the bank, 30 year fixed rate mortgage home loans can be found quoted at an interest rate of 4.500% and carrying an annual percentage rate of 4.673% today. The relatively shorter, 15 year fixed rate mortgage home loan options are now listed at an interest rate of 3.500% and an APR yield of 3.811%. The bank also quotes the shortest, 10 year fixed rate mortgage home loan schemes in its loan books at an interest price of 3.375% and an APR yield of 3.823% today.

For dealing with the expensive home financing needs of the prospective home buyers, the bank now offers jumbo versions of its 30 year fixed rate mortgage home loans at an interest charge of 4.625% and an APR yield of 4.777%. For the seekers of somewhat shorter refinancing options, 15 year jumbo fixed rate mortgage loan packages would be the perfect options at an interest rate of 3.750% and an APR yield of 4.008% this Monday.

The potential borrowers, who are troubled by their poor credit score, or are unable to service the heavy down payments, can reap the benefits of the FHA backed, 30 year mortgage home loan deals, which are now up for grabs at an interest rate of 4.375% and an APR yield of 4.879%. The shorter, 15 year FHA insured fixed rate mortgage home loans can now be secured at an interest cost of 4.000% and APR yield of 4.721%.

When it comes to the adjustable rate mortgage home loan options, the mortgage shoppers can spot the best 3 year variable rate home loan offerings being quoted at an interest rate of 2.250% and an APR yield of 3.261% to start with. The more flexible, 7 year adjustable rate mortgage home loan plans are now being traded at a starting interest rate of 2.625% and an APR yield of 3.250% on the principal amount of home loan sanctioned by 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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