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Daily Summary of Mortgage Interest Rates at US Bank Corp on May 30, 2014

Daily Summary of Mortgage Interest Rates at US Bank Corp on May 30, 2014

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Daily Summary of Mortgage Interest Rates at US Bank Corp on May 30, 2014

Daily Summary of Mortgage Interest Rates at US Bank Corp on May 30, 2014Widely acclaimed for the stability in terms of lending rates, US Bank Corp (NYSE: USB) kept its side of the deal by quoting the same benchmark 30 year fixed mortgage interest rates on May 30, 2014. Towards the end of this trading week, the eligible home loan seekers, who plan on acquiring fixed or flexible home loan deals from US Bank Corp today, will find no change in the lending rates as compared to yesterday.

As per the recent mortgage information published by the bank today, the standard, long term, 30 year fixed rate mortgage options are coming out at an interest rate of 4.500% and are carrying an annual percentage rate of 4.673%. When it comes to short term home loan deals, the bank quotes its 15 year fixed rate mortgage home loans against an interest rate of 3.500% and an APR yield of 3.811%. The shortest, 10 year fixed rate mortgage home loans can be seen traded at a lending rate of 3.375% and annual percentage yield of 3.823%.The prospective home buyers, who are planning on financing their pricey home investment through US Bank Corp, can opt for the jumbo versions of its popular 30 year fixed rate mortgage loans, which are now traded at an interest rate of 4.625% and yielding an APR of 4.777%. For the seekers of shorter home loan deals, 15 year jumbo fixed rate mortgage home loan plans would be perfect options at a lending rate of 3.750% and an APR yield of 4.008% today.

For interested customers, who find it difficult to secure conventional home loans due to poor credit score or inability to pay the heavy down payments, bank offers its FHA approved 30 year fixed rate mortgage loans at an interest rate of 4.375% and an APR yield of 4.879%. The relatively shorter, 15 year counterparts of the 30 year FHA fixed rate home loan deals can now be locked in at an interest rate of 4.000% and an APR yield of 4.565%.

When it comes to flexible home loan deals, the mortgage shoppers can spot the best 3 year adjustable rate home loans being listed at a starting interest rate of 2.250% and an APR yield of 3.261% to start with. For the seekers of more flexible home loans, 5 year adjustable rate home loan options are now up for grabs at an interest price 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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