Following the trail of every other major mortgage lender in the American market, US Bank Corp (NYSE: USB) chose to keep its benchmark 30 year fixed mortgage interest rates unchanged on December 24, 2013. The potential borrowers will find no surprises in the latest mortgage rate chart issued by the bank, and can have the required financial help at the same interest rates as yesterday.
To start with, the long term lending section of US Bank Corp highlights its standard 30 year fixed rate mortgage loans at an interest rate of 4.500% and an annual percentage rate of 4.673% today. In the short term lending category, the customers can find the 15 year fixed rate mortgage loans published against a lending charge of 3.500% and carrying an APR yield of 3.811%.
For the customers who are haunted by the ghost of their bad credit score of the past or are unable to meet the heavy down payment requirements, the bank offers its FHA insured fixed rate mortgage loans at impressive rates. Today, the 30 year FHA FRM deals can be locked in at a rate of 4.375% and an APR yield of 4.879%. However, the 15 year FHA fixed rate home loans can be had by bearing an interest cost of 4.000% and an APR yield of 4.565%.
The borrowers seeking financial help from US Bank Corp to support their bigger dreams will find the 30 year jumbo fixed rate mortgage packages quoted at a rate of 4.625% and an APR yield of 4.777%. However, the relatively shorter, 15 year jumbo fixed rate mortgage loans are up for grabs at an interest rate of 3.750% and an APR yield of 4.008% today.
The VA variants of the 30 year fixed rate home loans can also be acquired from the US based lender at an interest rate of 4.500% and an APR yield of 4.846% today. Alternatively, the short term, 15 year VA FRM options are available for those borrowers who are ready to bear an interest burden of 4.000% and an APR yield of 4.846%.
When it comes to adjustable rate mortgage loans, the customers can find the 3 year deals coming out at a rate of 2.250% today, along with an annual return of 3.261% to start with. On the other hand, the 5 year adjustable rate mortgage loans can be had at a starting lending rate 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.