For yet another time, US Bank Corp (NYSE: USB) managed to published same mortgage home loan rates on January 30, 2014. The US based mortgage lender did not let its benchmark 30 year fixed mortgage interest rates affected by the market movements this Thursday, thereby holding on to its regular demand of the mortgage home loan products in the market.
Starting with the long term loan offerings, the bank is currently providing its standard, 30 year fixed rate mortgage home loan deals at an interest rate of 4.500% and an annual percentage rate of 4.673% today. However, the short term, 15 year fixed rate mortgage home loan deals can be locked in at an interest price of 3.500% and an APR yield of 3.811% today. The interested customers can also find the shortest, 10 year fixed rate mortgage schemes being advertised at a rate of 3.375% and an APR yield of 3.823%.
For the borrowers, who are finding it hard to acquire a conventional home loan due to their poor credit score of the past or expensive down payment requirements, the bank offers its 30 year FHA fixed rate mortgage loans at an interest rate of 4.375% and an APR yield of 4.879% today. On the other hand, the short term, 15 year FHA fixed rate home loans can be bought at an interest cost of 4.000% and an APR yield of 4.565%.
In the expensive home loan division, the bank pleases the borrowers who are seeking huge loans to finance their bigger home investments by providing jumbo versions of its best 30 year fixed rate mortgage deals at a lending rate of 4.625% and an APR yield of 4.777%. The short term, 15 year variants of the 30 year jumbo FRM home loans are now coming out at an interest rate of 3.750% and an APR yield of 4.008%.
The VA versions of 30 year fixed rate mortgage home loan offerings are now published against a lending charge of 4.500% in the loan books and are accompanied by an APR yield of 4.846%. However, the 15 year VA versions of fixed rate mortgage plans can be had at an interest cost of 4.000% and an APR yield of 4.721% today.
In the flexible lending division, the mortgage lender now offers its best 3 year adjustable rate mortgage home loan deals at an interest rate of 2.250% and are backed by an annual percentage rate of 3.261% to begin with. The more flexible, 7 year adjustable mortgage home loan deals can be acquired at a starting rate of 2.625% and an APR yield of 3.250% during the initial years of the loan.
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.