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Summary of Daily Mortgage Interest Rates at US Bank Corp on July 15, 2014

Summary of Daily Mortgage Interest Rates at US Bank Corp on July 15, 2014

Business

Summary of Daily Mortgage Interest Rates at US Bank Corp on July 15, 2014

Summary of Daily Mortgage Interest Rates at US Bank Corp on July 15, 2014Following the lead of several other mortgage lenders operating in the American market, US Bank Corp (NYSE: USB), managed to pull its strings and quote same benchmark 30 year fixed mortgage interest rates on July 15, 2014. The mortgage shoppers, who are looking forward to secure ideal finances from US Bank Corp today, will find the fixed and flexible lending rates sitting at the same spot as yesterday.

This Tuesday, the standard, long term, 30 year fixed rate mortgage loan offerings are listed in the bank’s books at an unchanged interest rate of 4.500% and are still backed by the same annual percentage rate of 4.673% today. In the short term home loan section, the 15 year fixed rate mortgage home loan deals can be seen published at an interest rate of 3.500% and an annual percentage yield of 3.811%. The interested customers can also find the shortest, 10 year fixed rate mortgages, listed in the loan portfolio at a lending rate of 3.375% and an APR yield of 3.823%.

For the mortgage shoppers, who are finding issues in securing conventional home loans due to their lower credit score of their past, or inability to service heavy down payments demanded by banks, can opt for the FHA approved 30 year fixed rate mortgage scheme at an interest rate of 4.375% and an annual return rate of 4.879% today. For the customers with short term lending needs, the lender is offering 15 year FHA fixed rate mortgage home loans at an interest price of 4.000 % and an APR of 4.565% this Tuesday.

The potential home buyers, who have expensive realty investment needs, can now opt for the jumbo versions of the popular 30 year fixed rate mortgage home loan plans, which are traded at a lending cost 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 deals are up for grabs at an interest rate of 3.750% and an APR yield of 4.008% today.

When it comes to variable rate financing options, the bank offers its best 3 year adjustable rate mortgage home loan options at a starting interest cost of 2.250% and APR yield of 3.261% to start with. The more  flexible, 5 year adjustable rate home loans can now be secured at an interest rate of 2.625% and an APR yield of 3.250% during the initial years of the home loan tenure.

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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