For the second day in a row this week, the benchmark 30 year fixed mortgage interest rates remained unchanged at the popular American lender, US Bank Corp (NYSE: USB). This Tuesday, the potential home buyers, who are planning on securing ideal home purchase loans from US Bank Corp, will find no change in the lending rates in comparison to the figures quoted yesterday.
Today, the standard, long term, 30 year fixed rate mortgage home loans are up for grabs at the same interest rate of 4.500% and an annual percentage rate of 4.673%. For the borrowers, who are looking forward to take a shorter route, bank offers 15 year fixed rate mortgage deals at an interest rate of 3.500% and an APR yield of 3.811%. The shortest, 10 year fixed rate mortgage options can also be seen published in the bank’s books at an interest rate of 3.375% and an APR yield of 3.823% today.
The mortgage shoppers, who are planning to finance their pricey real estate investment through US Bank Corp, can now secure the jumbo versions of popular 30 year fixed rate mortgage options by paying an interest cost of 4.625% and an APR yield of 4.777% today. In the short term lending section, 15 year jumbo fixed rate mortgage home loans can be seen quoted next an interest rate of 3.750 % and an APR yield of 4.008%.
For the borrowers, who face issues in securing conventional home loan due to their poor credit score or inability to deal with expensive down payment requirements, the bank offers its FHA approved 30 year fixed rate mortgage loans at an interest rate of 4.375% and an APR yield of 4.879% this Tuesday. For the seekers of short term loans, 15 year FHA fixed rate mortgage options are up for grabs at an interest rate of 4.000% and an APR yield of 4.565%.
The customers, who are looking forward to secure more flexible home loan deals, can now lock in the best 3 year adjustable rate mortgage home loan packages at a starting interest cost of 2.250% and an APR yield of 3.261% on the principal amount of home loan taken from the bank. The more flexible, 5 year adjustable rate mortgage plans are now up for grabs at an interest cost of 2.625% and an APR yield of 3.250%.
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.