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Summary of Current Mortgage Rates at US Bank on August 1, 2014

Summary of Current Mortgage Rates at US Bank on August 1, 2014

Business

Summary of Current Mortgage Rates at US Bank on August 1, 2014

Summary of Current Mortgage Rates at US Bank on August 1, 2014

 

Details about the latest US Bank mortgage rates under their ARM loan category are shared below.

ARM Mortgage Loans – US Bank

10 Year ARM 3.625% Interest Rate 3.426% APR

5 Year ARM 2.75% Interest Rate 2.909% APR

3 Year ARM 2.625% Interest Rate 2.897% APR

Latest Mortgage Rates under Conforming FRM Loan Category

The bank offered an interest rate of 4.125% carrying an APR of 4.294% for its benchmark 30 Year FRM loan on Friday. More details about 30, 15 and 10 year products under the same category are as follows.

Conforming Fixed Mortgage Loans – US Bank

Conforming Fixed – 30 Year 4.125% Interest Rate 4.294% APR

Conforming Fixed – 20 Year 3.95% Interest Rate 4.123% APR

Conforming Fixed – 15 Year 3.25% Interest Rate 3.559% APR

Conforming Fixed – 10 Year 3.125% Interest Rate 3.412% APR

Latest Mortgage Rates under FHA and VA Loan Category

Mortgage rates for both FHA and VA Fixed Rate loans are shared under the following tables.

FHA Mortgage Loans – US Bank

FHA – 30 Year Fixed 4% Interest Rate 4.511% APR

FHA – 15 Year Fixed 3.375% Interest Rate 3.984% APR

VA Mortgage Loans – US Bank

VA – 30 Year Fixed 4.125% Interest Rate 4.463% APR

VA – 15 Year Fixed 3.625% Interest Rate 4.212% APR

Latest Mortgage Rates under Jumbo Loan Category

US Bank offered latest interest rates under their Jumbo loan category with an interest rate of 4.125% along with an APR of 4.209% for 30 Year Fixed Rate. More details for 20 and 15 Year fixed Rate Loan are shared below.

Jumbo Fixed Rate Mortgage Loans – US Bank

Jumbo – 30 Year Fixed 4.125% Interest Rate 4.209% APR

Jumbo – 20 Year Fixed 4.125% Interest Rate 4.241% APR

Jumbo – 15 Year Fixed 3.75% Interest Rate 3.896% APR

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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