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Mortgage Interest Rates Remain Steady at US Bank Corp on June 5, 2014

Mortgage Interest Rates Remain Steady at US Bank Corp on June 5, 2014

Business

Mortgage Interest Rates Remain Steady at US Bank Corp on June 5, 2014

Mortgage Interest Rates Remain Steady at US Bank Corp on June 5, 2014As another trading week is reaching to an end, the popular US based mortgage lender, US Bank Corp (NYSE: USB), decided to avoid shocking its customers by increasing the benchmark 30 year fixed mortgage interest rates, as in the case of some other lenders, on June 5, 2014. According to the most up to date mortgage information provided to the borrowers today, the fixed as well as flexible home loan plans are being traded at the same interest rates as yesterday.

As of now, the standard, long term, US Bank Corp is offering its 30 year fixed rate mortgage loan options at an interest rate of 4.500% and an annual percentage yield of 4.673% today. In the short term home financing section, the 15 year fixed rate mortgage home loans can be spotted sitting next to a lending price of 3.500% and an annual percentage rate of 3.811%. The potential home buyers can also opt for the shortest, 10 year fixed rate mortgage loan packages, which are now traded at an interest rate of 3.375% and an APR yield of 3.823%.The mortgage shoppers, who are facing issues due to their poor credit score of the past, or the inability to service expensive down payments, can secure the FHA insured 30 year fixed rate mortgage loan plans by bearing an interest rate of 4.375% and agreeing to an APR yield of 4.879%. The interested borrowers can also find the shorter, 15 year FHA fixed rate mortgage home loans being trading at an interest rate of 4.000% and carrying an annual return rate of 4.565% today.

In the exclusive home loan section, the borrowers who are planning on making an expensive realty investment and are hoping to have it financed through US Bank Corp, bank quotes jumbo versions of its 30 year fixed rate mortgage home loans at an interest rate of 4.625% and an APR yield of 4.777%. The relatively shorter, 15 year counterparts of the 30 year jumbo fixed rate mortgage loans can now be locked in at an interest rate of 3.750% and an APR yield of 4.008%.

When it comes to adjustable rate mortgage deals, US Bank Corp offers its best 3 year adjustable rate mortgage home loan packages at an interest rate of 2.250% and APR yield of 3.261% this Thursday. The more flexible, 5 year adjustable rate home loan plans are traded at an interest rate of 2.625% and an APR yield of 3.250% today.

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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