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Today’s Mortgage Interest Rates are Holding Firm at US Bank Corp on September 10, 2014

Today’s Mortgage Interest Rates are Holding Firm at US Bank Corp on September 10, 2014

Business

Today’s Mortgage Interest Rates are Holding Firm at US Bank Corp on September 10, 2014

Today's Mortgage Interest Rates are Holding Firm at US Bank Corp on September 10, 2014Just when every other financier in the US is struggling hard to quote stable interest rates, US bank Corp (NYSE: USB) managed to publish unchanged benchmark 30 year fixed mortgage interest rates on September 10, 2014. This Wednesday, the borrowers, who are interested in financing their realty investment through US Bank Corp, can now find the ideal home purchase loans trading at the same interest rates as yesterday.

As per the new mortgage data provided by the bank, the standard, 30 year fixed rate long term mortgage home loans are coming out at an interest rate of 4.500% and an APR yield of 4.673% today. In the short term lending division, the mortgage borrowers can spot the 15 year fixed rate home loans being traded at a lending charge of 3.500% and an APR yield of 3.811%. The shortest, 10 year fixed rate mortgage home loan deals can be seen published in the bank’s books at an interest rate of 3.375% and an annual percentage rate of 3.823% today.

For the customers, who face issues in acquiring conventional home loans due to the heavy down payments or their poor credit record, the bank offers its FHA insured 30 year fixed rate mortgage plans at an interest rate of 4.375% and an APR yield of 4.879%. The relatively shorter, 15 year FHA fixed rate mortgage plans are now advertised at an interest cost of 4.000% and an annual percentage yield of 4.565% this Wednesday.

In the exclusive home loan section, the potential home buyers with pricey home investment plans can find the jumbo variants of 30 year fixed rate mortgage home loans coming out at an interest rate of 4.625% and an annual percentage rate of 4.777% today. The seekers of short term financing deals can opt for the 15 year jumbo fixed rate mortgage deals, which are now traded at an interest rate of 3.750% and an annual return rate of 4.008%.

When it comes to flexible mortgage home loan division, the interested mortgage shoppers can spot the best 3 year variable rate home loans published at an interest rate of 2.250% and an APR yield of 3.261% during the initial years of the home loan tenure. The 5 year adjustable rate mortgage plans are still being traded at a starting interest rate of 2.625% and are backed by an annual percentage yield of 3.250% on the principal amount of the loan secured from the bank.

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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