Moving along the same lines, US Bank Corp (NYSE: USB) decided to keep the benchmark 30 year fixed mortgage interest rates steady on March 19, 2014. The eligible borrowers, who plan on visiting the local branches of US Bank Corp, will find the ideal fixed and flexible home loan deals being traded at the same interest rates today, as they were for the first half of the current trading week.
This Wednesday, the standard, long term, 30 year fixed rate mortgage home loans can now be seen listed against a lending charge of 4.500% and carrying an annual percentage rate of 4.673%. On the other hand, the short term, 15 year fixed rate mortgage home loans are now available at an interest cost of 3.500% and an APR yield of 3.811%. The interested borrowers can also spot the shortest, 10 year fixed rate mortgage home loan plans traded at an interest rate of 3.375% and an APR yield of 3.823% today.
The potential home buyers, who are planning on making an expensive home investment and are seeking ideal home loan deals to have their pricey home purchase financed, can opt for the jumbo versions of the 30 year fixed rate mortgage loan plans, which are now published against a lending charge of 4.625% and an APR yield of 4.777%. On the other hand, the short term, 15 year jumbo fixed rate mortgage home loans are up for grabs at an interest rate of 3.750% and an APR yield of 4.008% today.
The potential customers, who are troubled by the poor credit score of the past or cannot deal with the heavy down payment conditions that accompany conventional home loan deals, can reap the benefits of the FHA approved 30 year fixed rate mortgage home loans, which are now being advertised at an interest rate of 4.375% and are accompanied by an APR yield of 4.879%. Then again, the relatively shorter, 15 year FHA fixed rate mortgage loans can be acquired at an interest rate of 4.000% and an APR yield of 4.565% today.
As far as the flexible financing options are considered, the interested borrowers can find the best 3 year adjustable rate mortgage home loans coming out at a starting interest rate of 2.250% and being backed by an annual return rate of 3.261%. Alternatively, the more flexible, 5 year fixed rate mortgage home loan plans can locked in at an interest rate of 2.625% and an APR yield of 3.250% during the initial years of the home loan tenure.
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.