This week, for the second day in a row, the benchmark 30 year fixed mortgage interest rates didn’t experience any pleasant or unpleasant movement at the popular American mortgage lender, US Bank Corp (NYSE: USB) on June 10, 2014. The qualified borrowers, who are planning on securing ideal home loans from US Bank Corp today, will find no change in the fixed as well as flexible interest rates as compared to yesterday.
To start with, in the standard, long term home financing section, US Bank Corp is currently offering its 30 year fixed rate mortgage home loan plans at an interest rate of 4.500% and an annual percentage rate of 4.673%. The relatively shorter, the 15 year fixed rate mortgage plans can now be locked in at an interest rate of 3.500% and an APR yield of 3.811% this Tuesday. The interested borrowers can also find the shortest, 10 year fixed rate home loan packages being listed in the bank’s loan books at an interest rate of 3.375% and an APR yield of 3.823%.In the exclusive home loan section, the borrowers, who plan on making expensive realty investments and having them financed through US Bank Corp, jumbo versions of the popular 30 year fixed rate mortgage home loans are listed at an interest rate of 4.625% and an APR yield of 4.777% today. The short term, 15 year counterparts of the 30 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%.
For the borrowers, who are troubled by their poor credit score of the past, or are unable to deal with expensive down payment conditions, the bank offers FHA versions of its 30 year fixed rate mortgage loans at an interest rate of 4.375% and an APR yield of 4.879% today. For the mortgage shoppers, who wish to take the shorter route towards home financing, the 15 year FHA fixed rate home loans serve to be the best choice at an interest rate of 4.000% and an APR yield of 4.565%.
When it comes to flexible lending options, the potential home buyers can spot the best 3 year adjustable rate mortgage home loans being traded at a starting interest rate of 2.250% and are an annual percentage rate of 3.261%. The more flexible, 7 year adjustable mortgage home loan packages can now be locked in at a lending 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.