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Mortgage Rates Maintain a Steady Pace at US Bank Corp on December 18, 2013

Mortgage Rates Maintain a Steady Pace at US Bank Corp on December 18, 2013

Business

Mortgage Rates Maintain a Steady Pace at US Bank Corp on December 18, 2013

Current Mortgage Rates Maintain a Steady Pace at US Bank CorpFor yet another time, the home loan executives at US Bank Corp (NYSE: USB) succeeded in publishing the same benchmark 30 year fixed mortgage interest rates on December 18, 2013. This is the third consecutive time this week that the bank has managed to sustain its home purchase and refinancing home loan rates at the same mark.

As of Wednesday, under the US Bank Corp’s long term home loan program, the standard 30 year fixed rate mortgage packages are still published at a rate of 4.500% and carry an APR yield of 4.673%. The mortgage shoppers who are interested in taking a short cut to home financing can pick up the popular 15 year fixed rate mortgage loans by paying a lending cost of 3.500% and agreeing to an APR yield of 3.811%. The shortest 10 year fixed rate home loans can also be had from the bank against a lending charge of 3.375% and an annual return of 3.823%.

The borrowers seeking for some help from US Bank Corp regarding their huge home investment can find the jumbo 30 year fixed rate mortgage loans listed at an interest rate of 4.625% and an APR yield of 4.777% today. The short term, 15 year, jumbo fixed rate mortgage loans on the other hand are rated at 3.750% and carry an APR yield of 4.008%.

For the troubled home buyers, the US based lender provides 30 year FHA approved fixed rate mortgage loan schemes at an impressive rate of 4.375% and an APR yield of 4.879%. Alternatively, the borrowers can go for the 15 year counterparts, which carry an interest rate of 4.000% and come along with an APR yield of 4.565% today.

In the VA section of the home loan portfolio, the bank publishes its 30 year fixed rate mortgage home loans against a lending charge of 4.500% and an APR yield of 4.846%. Heading toward the short term loaning section, the 15 year VA versions of the fixed rate mortgage loans can be had by dealing with an interest payment of 4.000% and an APR return of 4.846%.

When it comes to the flexible loan options, the American lender offers 3 year adjustable rate mortgage loans at a rate of 2.250% and an APR yield equivalent to 3.261% to start with. However, as far as the 5 year ARM deals are concerned, the borrowers can lock the deal at an interest rate of 2.625% and an annual return of 3.250% on the initial amount of 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.

About Stephany Wilson

Stephany Wilson covers business and finance related news.

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