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Summary of Current Mortgage Interest Rates at US Bank Corp on March 24, 2014

Summary of Current Mortgage Interest Rates at US Bank Corp on March 24, 2014

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Summary of Current Mortgage Interest Rates at US Bank Corp on March 24, 2014

Walking down the same corridor, the benchmark 30 year fixed mortgage interest rates are holding firm at the American mortgage lender, US Bank Corp (NYSE: USB), on March 24, 2014. According to the most up to date mortgage information released by the bank today, the ideal fixed and flexible home loan deals are coming out at the same interest rates as last week, which will in turn help the bank enjoy a steady run when it comes to selling its loan products in the market this Monday.

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%. Alternatively, 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% today. The interested borrowers 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 seeking ideal financing deals to back their expensive home investment plans, the bank is offering jumbo versions of its ideal 30 year fixed rate mortgage plans at an interest rate of 4.625% and an APR yield of 4.777% today. On the other hand, the relatively shorter, 15 year jumbo fixed rate mortgage home loan options can be secured at an interest rate of 3.750% and an APR yield of 4.008% today.

The mortgage shoppers, who are being troubled by their poor credit history or the inability to deal with expensive down payment conditions, can reap the benefits of the FHA insured 30 year fixed rate mortgage home loans, which are now being published at an interest rate of 4.375% and an APR yield of 4.879% today. However, in the short term section, the customers can find the 15 year FHA fixed rate mortgage home loans being listed next to an interest rate of 4.000% and an APR yield of 4.565%.

As far as the adjustable rate mortgage deals are considered, the interested borrowers can find the best 3 year variable rate packages coming out at a starting interest rate of 2.250% and an APR yield of 3.261% to start with. However, the more flexible, 5 year adjustable rate mortgage home loans are up for grabs at a starting interest cost of 2.625% and an APR yield of 3.250% during the starting years of the home loan. 

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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