Connect with us

Quick Summary of Current Mortgage Home Loan Rates at US Bank Corp on August 28, 2014

Quick Summary of Current Mortgage Home Loan Rates at US Bank Corp on August 28, 2014

Business

Quick Summary of Current Mortgage Home Loan Rates at US Bank Corp on August 28, 2014

Quick Summary of Current Mortgage Home Loan Rates at US Bank Corp on August 28, 2014Moving ahead on the same lines, one of the most popular American mortgage providers, US Bank Corp (NYSE:USB), chose to quote unchanged benchmark 30 year fixed mortgage interest rates on August 28, 2014. As per the latest mortgage information provided by the lender for its customers today, the standard home purchase loans are still coming out at the same lending rates as yesterday.

This Thursday, the mortgage shoppers who plan on securing the standard, long term, 30 year fixed rate mortgage home loans, will have to deal with an interest cost of 4.500% and agree to an annual percentage rate of 4.673%. The seekers of shorter and less expensive home loan deals will have to pay an interest price of 3.500% and agree to an APR yield of 3.811% to lock in 15 year fixed rate mortgage home loan options. 10 year fixed rate mortgage home loan deals can also be found listed in the bank’s home loan portfolio against an interest rate of 3.375% and carrying an APR yield of 3.823%.

The customers, who are facing issues due to their poor credit score of past or are finding it difficult deal with expensive down payments for obtaining conventional home loans, can opt for the FHA insured 30 year fixed rate mortgages, which are now coming out at an interest rate of 4.375% and an APR yield of 4.000%. The short term, 15 year FHA fixed rate mortgage home loan deals can be seen traded at an interest rate of 4.000% and an APR yield of 4.565% today.

In the expensive home loan section, the customers can find the jumbo variants of standard 30 year fixed rate mortgage home loan packages quoted at an interest rate of 4.625% and an APR yield of 4.777%. The relatively shorter, 15 year jumbo fixed rate mortgage home loans are now up for grabs at an interest rate of 3.750% and are backed by an APR yield of 4.008% this Thursday.

In the variable rate home loan section, the potential home buyers can spot the best 3 year adjustable rate mortgage deals quoted next to a starting rate of 2.250% and accompanied by an APR yield of 3.261% today. The more flexible, 7 year fixed rate mortgage home loan deals can now be locked in at an interest rate of 2.625% and an APR yield of 3.250% during the starting years of the home loan period.

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.

More in Business

Good News

To Top