Moving along its usual trail, US Bank Corp (NYSE: USB) decided to keep its benchmark 30 year fixed mortgage interest rates flat yet another time on March 4, 2014. The mortgage shoppers, who are planning on visiting the local branches of US Bank Corp in search of ideal home loan deals, will find no change in the interest rates at which the fixed and flexible home loan products are being advertised today.
To begin with, the standard, long term, 30 year fixed rate mortgage home loan deals can now be locked in at an interest price 4.500% and an annual percentage rate of 4.673%. On the other hand, the short term, 15 year fixed rate mortgage home loan deals are up for grabs at an interest price of 3.500% and an APR yield of 3.811% today. The shortest, 10 year fixed rate mortgage home loan deals are also available for the interested borrowers at an interest price of 3.375% and an APR yield of 3.823% today.
The mortgage shoppers, who are planning on purchasing an expensive home and are planning on having it financed through an ideal loan scheme offered by US Bank Corp, can pick up the 30 year jumbo fixed rate mortgage home loan plans at an interest rate of 4.625% and an APR yield of 4.777% today. On the other hand, the relatively shorter, 15 year jumbo fixed rate mortgage home loan plans can be locked in at an interest rate of 3.750% and an APR yield of 4.008% today.
For the customers who are troubled by the ghost of their poor credit score of the past, or are facing difficulties to deal with the expensive down payment conditions that accompany conventional home loans, the bank provides its FHA backed 30 fixed rate mortgage loans at an impressive interest rate 4.375% and an APR yield of 4.879% today. However, the short term, 15 year counterparts of the 30 year FHA insured fixed rate home loans can be secured at an interest price of 4.000% and an APR yield of 4.565%.
The adjustable rate mortgage section in US Bank Corp’s loan portfolio lists the best 3 year deals against a lending charge of 2.250% today and an annual return rate of 3.261% to begin with. For the seekers of more flexibility, the bank offers its best 5 year adjustable rate mortgage home loans at a starting interest rate of 2.625% and an APR yield of 3.250% on the initial amount of home loan acquired 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.