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Daily Mortgage Rates Update at US Bank Corp ( January 2, 2013)

Daily Mortgage Rates Update at US Bank Corp ( January 2, 2013)

Business

Daily Mortgage Rates Update at US Bank Corp ( January 2, 2013)

Daily Mortgage Rates Update at US Bank CorpOf all the mortgage lenders operating in the American mortgage market, US Bank Corp has managed to hold on to its benchmark 30 year fixed mortgage rates for quite a long time now. The mortgage lender managed to keep its lending rates steady on January 2, 2014, thereby making its home loan options more popular in the market.

This Thursday, the standard 30 year fixed rate mortgage home loans are being traded at a rate of 4.500% and are backed by an annual percentage rate of 4.673%. Alternatively, the 15 year fixed rate mortgage deals are coming out at a rate of 3.500% and are accompanied by an annual percentage return of 3.811% today.

For the potential home buyers who are troubled by the poor credit score, the bank provides 30 year FHA insured fixed rate mortgage home loan plans at an interest rate of 4.375% and carry an annual return rate of 4.879%. However, the short term, 15 year FHA backed fixed rate mortgage packages are being traded at a rate of 4.000% and come along with an APR yield of 4.565%.

The mortgage borrowers who are interested in financing their large home investments can go for the 30 year jumbo fixed rate mortgage home loans that are traded at a lending rate of 4.625% and come along with an APR yield of 4.777%, which is a bit better than the non-jumbo loans. However, the short term, 15 year jumbo fixed rate mortgage deals are coming out at an interest rate of 3.750% and an ARP yield of 4.008%.

When it comes to VA versions of the mortgage loans, the customers can find the 30 year fixed rate home loans at a rate of 4.500% and carrying an APR yield of 4.846% today. On the other hand, the 15 year VA variants of fixed rate mortgage loans are coming out at an interest rate of 4.000% and carry an APR yield of 4.721%.

As far as the adjustable rate mortgage home loans are considered, the potential home buyers can find the 3 year deals being listed against a lending charge of 2.250% and carrying an APR yield of 3.261%. The more flexible, 5 year adjustable rate mortgage loan packages are now published at a starting interest rate of 2.625% and are accompanied by an annual return 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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