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Summary of Current Mortgage Interest Rates at US Bank Corp on July 4, 2014

Summary of Current Mortgage Interest Rates at US Bank Corp on July 4, 2014

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Summary of Current Mortgage Interest Rates at US Bank Corp on July 4, 2014

Summary of Current Mortgage Interest Rates at US Bank Corp on July 4, 2014Moving along the same pricing lines, the popular American mortgage lender, US Bank Corp (NYSE: USB), chose to keep its benchmark 30 year fixed mortgage interest rates stable on July 4, 2014. As per most up to date mortgage information released by the bank this Friday, the standard home purchase as well as refinancing mortgage deals, are now coming out at the same lending rates as yesterday.

As of now, the standard, long term, 30 year fixed rate long term home loans are being advertised by the bank at an interest rate of 4.500% and are backed an annual percentage rate of 4.673%. For the potential home buyers, who want to take the shorter route, the bank is currently offering the short term, 15 year fixed rate mortgage plans at an interest rate of 3.500% and an APR yield of 3.811%. The potential homebuyers can also spot the shortest, 10 year fixed rate mortgage deals being traded at an interest rate of 3.375% and an APR yield of 3.823% today.For the mortgage shoppers, who are planning on financing their expensive home investment dream through TD Bank, jumbo versions of its ideal 30 year fixed rate mortgage plans would be ideal options at an interest rate of 4.625% and an APR yield of 4.777% today. The relatively shorter, 15 year jumbo fixed rate mortgage home loan options are now up for grabs at an interest rate of 3.750% and an APR yield of 4.008% today.

The mortgage shoppers, who are facing problem due to their poor credit history or the inability to deal with heavy down payments, can opt for FHA insured 30 year fixed rate mortgage home loans, which are now traded at an interest rate of 4.375% and an APR yield of 4.879% today. In the short term section, the 15 year FHA fixed rate mortgage home loans can be found seated next to an interest rate of 4.000% and an APR yield of 4.565%.

When it comes to adjustable rate mortgage deals, the interested customers can find the best 3 year variable rate packages being advertised at a starting interest rate of 2.250% and an APR yield of 3.261%. The more flexible, 5 year adjustable rate mortgage home loans can now be locked in at a starting interest rate of 2.625% and an APR yield of 3.250% during the initial 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.

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