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Today’s Mortgage Interest Rates at US Bank Corp – June 12, 2014

Today’s Mortgage Interest Rates at US Bank Corp – June 12, 2014

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Today’s Mortgage Interest Rates at US Bank Corp – June 12, 2014

Today's Mortgage Interest Rates at US Bank Corp - June 12, 2014Following its usual pricing approach, the popular American mortgage lender, US Bank Corp (NYSE: USB), chose to keep its benchmark 30 year mortgage interest rates unchanged on June 12, 2014. This Thursday, the interested mortgage borrowers, who are planning on financing their new home purchase investment through ideal finances from US Bank Corp, will find no change in the fixed and flexible interest rates as compared to yesterday.

According to the most recent mortgage information published by the bank this Thursday, the standard, long term, 30 year fixed rate mortgage home loan deals are now traded at an interest price of 4.500% and an annual percentage rate of 4.673%. For the borrowers, who are looking for short term home loans, the 15 year fixed rate mortgage packages would be ideal options at an interest rate of 3.500% and an APR yield of 3.811%. The shortest, 10 year fixed rate mortgage home loan packages can also be locked in at an interest rate of 3.375% and an APR yield of 3.823%.The potential home buyers, who face issues in securing conventional home loans due to their poor credit score, or insufficient funds to deal with the expensive down payment requirements, can opt for the FHA insured 30 year fixed rate home loan options, which are now traded at an interest rate of 4.375% and an APR yield of 4.879%. The relatively shorter, 15 year FHA fixed rate mortgage home loan packages can now be locked in at an interest rate of 4.000% and an APR yield of 4.565%.

The interested customers, who are looking forward to finance their expensive home purchase dreams, can find the jumbo versions of popular 30 year fixed rate home loans being traded at an interest rate of 4.625% and offering an APR yield of 4.777%. For the seekers of short term financing options, the 15 year jumbo fixed rate mortgage home loan schemes are made available at an interest rate of 3.750% and an annual percentage yield of 4.008% today.

When it comes to adjustable rate mortgage loans, the 3 year variable rate home loans can be locked in at a starting lending rate of 2.250% today and an APR yield of 3.261% during the starting years of home loan period. The 5 year adjustable rate mortgage packages are now up for grabs at an interest rate of 2.625% and an APR yield of 3.250% to start with.

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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