Following the lead of several other mortgage lenders, the popular American mortgage lender, US Bank Corp (NYSE: USB) published unchanged benchmark 30 year fixed mortgage interest rates on June 30, 2014. The qualified mortgage shoppers, who are planning on securing finances for funding their realty investments today, will find the standard new home loan options being listed at the same lending rates as last week.
The mortgage shoppers, who are seeking ideal finances to fund their expensive realty investments through US Bank Corp, can spot the jumbo versions of its popular 30 year fixed rate mortgage home loan plans being traded at an interest rate of 4.625% and an APR yield of 4.777%. The short term, 15 year counterparts of the 30 year jumbo fixed rate mortgage home loan packages are now up for grabs at an interest rate of 3.750% and an APR yield of 4.008% this Monday.
When it comes to flexible financing options, the customers can spot the 3 year adjustable rate mortgage home loan options being listed next to an interest rate of 2.250% and APR yield of 3.261% on the principal amount of home loan secured from the bank. The more flexible, 5 year adjustable rate home loans are now coming out at an interest rate of 2.625% and an APR yield of 3.250% during the initial years of the home loan.