For the third day in a row, the benchmark 30 year fixed mortgage interest rates are holding still at US Bank Corp (NYSE: USB). As per the new mortgage data released by the US based lender on Wednesday, February 5, 2014, the bank continues to advertise its ideal fixed, flexible and other special home loan products at the same interest and annual return rates.
Today, the customers interested in acquiring the standard, 30 year fixed rate long term mortgage loans, will have to pay an interest cost of 4.500% and can enjoy an annual percentage return equivalent to 4.673%. However, for the borrowers seeking short term home loans, the bank publishes its 15 year fixed rate mortgage loans against a lending charge of 3.500% and an APR yield of 3.811% today. The shortest, 10 year fixed rate mortgage deals can also be had at an interest price of 3.375% and an APR yield of 3.823%.
The customers, who are unable to secure conventional loans due to their poor credit score of the past or inability to deal with the heavy down payment requirements, can go for the FHA backed 30 year fixed rate mortgage home loans offered by US Bank Corp at an interest cost of 4.375% and an APR yield of 4.879%. On the other hand, the relatively shorter, 15 year FHA fixed rate mortgage at an interest rate of 4.000% and an APR yield of 4.565% today.
In the expensive home loan section, the borrowers interested in acquiring huge finances from the US Bank Corp can spot the ideal 30 year jumbo fixed rate mortgage deals at an interest price of 4.625% and an APR yield of 4.777% today. However, the short term, 15 year jumbo fixed rate mortgage home loans are being traded at an interest rate of 3.750% and are backed by an APR yield of 4.008%.
The VA versions of 30 year fixed rate mortgage deals are now advertised at an interest rate of 4.500% and an APR yield of 4.846% today. On the other hand, the relatively shorter, 15 year VA fixed rate mortgage deals are carrying an interest tag of 4.000% and are accompanied by an APR yield of 4.721% today.
For the admirers of adjustable rate mortgage deals, the bank is currently offering its best 3 year deals at a starting rate of 2.250% and an annual return of 3.261% to begin with. The more flexible, 7 year adjustable rate mortgage home loans can be had at a starting 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.