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Summary of Current Mortgage Interest Rates at US Bank Corp on August 25, 2014

Summary of Current Mortgage Interest Rates at US Bank Corp on August 25, 2014

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Summary of Current Mortgage Interest Rates at US Bank Corp on August 25, 2014

Summary of Current Mortgage Interest Rates at US Bank Corp on August 25, 2014This Tuesday, at one of the most reputed American mortgage financiers, US Bank Corp (NYSE: USB), the benchmark 30 year fixed mortgage interest rates experienced no pleasant or unpleasant movements. The potential home buyers, who are looking forward to visit the local branches of US Bank Corp today, in search of ideal home purchase or refinancing deals, will find no change in the mortgage rates in comparison to the yesterday’s rates.

As per the most up to date mortgage data released by the bank on August 25, 2014, the standard, long term, 30 year fixed rate mortgage home loan deals can be seen traded at an interest rate 4.500% and an annual percentage rate of 4.673%. The short term, 15 year fixed rate mortgage home loan deals are now available at an interest price of 3.500% and an APR yield of 3.811%. The shortest, 10 year fixed rate mortgage home loan packages, can now be seen listed in the bank’s portfolio at an interest rate of 3.375% and an APR yield of 3.823% this Tuesday.

The potential home buyers, who are looking forward to have their pricey home investment financed through US Bank Corp, can now opt for the jumbo variants of the popular 30 year fixed rate mortgage home loan options, which can be grabbed by bearing an interest price of 4.625% and an APR yield of 4.777% today. The relatively shorter, 15 year jumbo fixed rate mortgage home loan plans are now up for grabs at an interest rate of 3.750% and an APR yield of 4.008%.

For the customers, who cannot secure conventional home loans owing to their poor credit score of the past, or inability to service the expensive down payments, the bank is offering FHA insured 30 fixed rate mortgage loans at an interest rate of 4.375% and an APR yield of 4.879% this Tuesday. The shorter, 15 year counterparts of the 30 year FHA insured fixed rate home loans can now be seen coming out at a lending cost of 4.000% and an APR yield of 4.565%.

As far as the adjustable rate home loan deals are considered, US Bank Corp highlights its best 3 year flexible mortgage packages in the loan portfolio against a lending charge of 2.250% today and an APR yield of 3.261% to begin with. The more flexible, 5 year adjustable rate mortgage home loan schemes can now be locked in at a starting 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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