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Daily Mortgage Interest Rates Summary at US Bank Corp on May 14, 2014

Daily Mortgage Interest Rates Summary at US Bank Corp on May 14, 2014

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Daily Mortgage Interest Rates Summary at US Bank Corp on May 14, 2014

Daily Mortgage Interest Rates Summary at US Bank Corp on May 14, 2014With almost every mortgage lender quoting its ideal deals at same interest rates today, US Bank Corp (NYSE: USB) also decide to hold its part of the deal and did not make any change in the benchmark 30 year fixed mortgage interest rate figures on May 14, 2014. As per the new mortgage data released by the bank this Wednesday, the ideal fixed as well as flexible home loan deals are coming out at the same lending rates as yesterday.

To start with, in the standard, long term, home loan section, the American lender offers its best, 30 year fixed rate mortgage home loan packages at an interest rate of 4.500% and an annual percentage rate of 4.673%. In the short term home financing section, the mortgage shoppers can see the 15 year fixed rate mortgage home loans coming out at an interest rate of 3.500% and an annual percentage yield of 3.811% today.

The borrowers, who are looking forward to finance their home investment through US Bank Corp, can opt for the 30 year jumbo fixed rate mortgage plans, which are now advertised at an interest rate of 4.625% and an APR yield of 4.777%. Under the short term home loan category, the 15 year jumbo fixed rate mortgage loan schemes are now listed at an interest rate of 3.750% and an APR yield of 4.008% this Wednesday.

For the potential home buyers, who are facing difficulties in securing conventional home loan deals because of their poor credit score of the past or the inability to make the heavy down payments, US Bank Corp offers its FHA backed 30 year fixed rate mortgage loans at an interest rate of 4.375% and an APR yield of 4.879%. For the borrowers interested in walking down a shorter route to finance their home, 15 year FHA fixed rate mortgage home loans would be an ideal pick at an interest price of 4.000% and an APR yield of 4.565% today

When it comes to the adjustable rate mortgage options, the mortgage shoppers can go for the 3 year variable rate home loans, which are now up for grabs at a starting interest rate of 2.250% and are carrying by an annual return of 3.261% to start with. The more flexible, 5 year adjustable rate mortgage home loan packages can now be locked in at an interest rate of 2.625% and an APR yield of 3.250%.

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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