Among all the realty financing banks and institutions operating in the American market, US Bank Corp (NYSE: USB) has always enjoyed the reputation of being the most versatile and stable mortgage providers in terms of interest rates. Holding on to its reputation, the bank chose to make no changes in the benchmark 30 year fixed mortgage interest figures released on March 27, 2014.
As of now, in the standard, long term, home financing division, the bank is trading its 30 year fixed rate mortgage home loans at an interest rate of 4.500% and an annual percentage rate of 4.673% today. On the other hand, for the seekers of relatively shorter home loan deals, the bank is offering the best 15 year fixed rate mortgage home loans at an interest price of 3.500% and an annual return rate of 3.811% today. The interested customers can also spot the shortest, 10 year fixed rate mortgage home loans being advertised at an interest cost of 3.375% and carrying an annual percentage return equivalent to 3.823% today.
In the exclusive lending division, the bank caters to the needs of troubled home loan seekers by offering the FHA insured 30 year fixed rate mortgage loans at an interest rate of 4.375% and an APR yield of 4.879% today. Alternatively, for the borrowers who want to move down a shorter road, the lender is currently offering its best 15 year FHA fixed rate mortgage home loans at a lending rate of 4.000% and an APR yield of 4.565% this Thursday.
For the home loan borrowers, who are planning on purchasing an expensive home and are hoping to receive financial assistance from US Bank Corp, the jumbo versions of the popular 30 year fixed rate mortgage loans would be an ideal option at an interest rate of 4.625% and an annual percentage yield of 4.777%. However, in the short term lending section, the 15 year jumbo fixed rate home loans can be locked in at an interest price of 3.750% and an APR yield of 4.008%.
As far as the adjustable rate mortgage loans are considered, the mortgage shoppers can spot the ideal 3 year variable rate home loan packages being traded at an interest price of 2.250% and an annual return rate of 3.261% to start with. In the more flexible lending section, the 5 year adjustable rate mortgage deals are up for grabs at an interest rate of 2.625% and an APR yield of 3.250% on the primary 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.