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Summary of Mortgage Interest Rates at US Bank Corp on June 9, 2014

Summary of Mortgage Interest Rates at US Bank Corp on June 9, 2014

Business

Summary of Mortgage Interest Rates at US Bank Corp on June 9, 2014

Summary of Mortgage Interest Rates at US Bank Corp on June 9, 2014The mortgage shoppers, who plan on visiting the local branches of US Bank Corp (NYSE: USB), can seriously hear them talking about ideal home loan deals. For the potential borrowers, who are planning on having their new home or expensive realty investment financed through US Bank Corp will find no immediate change in the mortgage interest rates, at which these options are coming out on June 9, 2014.

To start with, in the standard, long term home financing division, the 30 year fixed rate mortgage home loan plans are still being advertised at an interest rate of 4.500% and are backed by an APR yield of 4.673%. The relatively shorter, 15 year fixed rate mortgage home loan deals are now traded at a lending rate of 3.500% and are backed by an APR yield of 3.811% today. The interested borrowers can also find the unique, 10 year fixed rate mortgage plans being listed in the bank’s books at an interest rate of 3.375% and an APR yield of 3.823%.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 Monday. 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%.

In the exclusive lending division, the borrowers with expensive mortgage needs can spot the jumbo versions of the popular 30 year fixed rate mortgage deals being published at a lending rate of 4.625% and an annual return rate of 4.777%. In the short term lending section, 15 year fixed rate mortgage home loan schemes are now up for grabs at an interest rate of 3.750% and an annual percentage yield of 4.008%.

For the borrowers interested in flexible financing options, the bank is currently offering its 3 year adjustable rate mortgage loans at a starting interest rate of 2.250% and an APR yield of 3.261% on the principal amount of home loan sanctioned by the bank. The mortgage shoppers, who are looking forward to lock in more flexible home loan deals, can opt for 5 year adjustable rate mortgage options, which are now traded at a lending rate of 2.625% and an APR yield of 3.250% during the starting years of the home loan period.

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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