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Current Mortgage Rates at US Bank Corp on May 23, 2014

Current Mortgage Rates at US Bank Corp on May 23, 2014

Business

Current Mortgage Rates at US Bank Corp on May 23, 2014

Current Mortgage Rates at US Bank Corp on May 23, 2014Close to the end of another trading week, the popular American financier, US Bank Corp (NYSE: USB), decided to quote unchanged benchmark 30 year fixed mortgage interest rates on May 23, 2014. This Friday, the qualified home loan seekers can find the standard home purchase and ideal refinancing home loan deals being advertised at the same mortgage interest rates as yesterday.

Today, the standard, long term, 30 year fixed rate mortgage home loans can be locked in at the same interest rate of 4.500% and an annual percentage rate of 4.673%. For the borrowers, who are willing to walk down the short term lending route, bank offers 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 listed in the bank’s books at an interest rate of 3.375% and an APR yield of 3.823% today.The mortgagor shoppers, who are facing issues due to their bad credit score or are finding it difficult to deal with heavy down payment requirement, can now reap the benefits of the FHA insured 30 year fixed rate mortgage home loans, which are being published at an interest rate of 4.375% and an APR yield of 4.879% this Friday. The relatively shorter, 15 year FHA fixed rate mortgage home loan options are now coming out at an interest cost of 4.000% and are carrying an APR yield of 4.565%.

For the potential home buyers, who are planning on funding their expensive realty investment through US Bank Corp, the 30 year jumbo fixed rate mortgage home loan deals would be ideal options at the same interest rate of 4.625% and an annual percentage yield of 4.777% this Friday. The relatively shorter, 15 year counterparts of the 30 year jumbo fixed rate mortgage plans are now up for grabs at an interest rate of 3.750% and an annual return rate of 4.008% today.

The mortgage shoppers, who are searching for more flexible home loan deals, can secure the best 3 year adjustable rate mortgage home loan packages at a starting interest cost of 2.250% and an APR yield of 3.261% to start with. The more flexible, 5 year adjustable rate mortgage plans are now up for grabs at an interest cost of 2.625% and an APR yield of 3.250% on the principal amount of home 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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