Despite volatile market conditions and regular ups and downs in the financial sector, the popular American lender, US Bank Corp (NYSE: USB) managed to pull some strings and quote same benchmark 30 year fixed mortgage interest rates yet again on June 24, 2014. As per the most recent mortgage information released by the bank today, the ideal fixed as well as flexible home loan deals are now offered at the same interest rates as yesterday.
As of now, in the standard, long term home financing division, 30 year fixed rate long term home loans are coming out at an interest rate of 4.500% and are carrying an annual percentage rate of 4.673%. For the potential home buyers, who are seeking somewhat shorter and less expensive home loan options, 15 year fixed rate mortgage plans would be ideal options at an interest rate of 3.500% and an APR yield of 3.811% today. The interested borrowers can also find the shortest, 10 year fixed rate mortgage deals being published in the bank’s books at an interest rate of 3.375% and an APR yield of 3.823% today.For the mortgage shoppers, who are looking forward to secure ideal finances for funding their expensive home investment plans, the bank offers jumbo versions of its popular 30 year fixed rate mortgage schemes at an interest rate of 4.625% and an APR yield of 4.777% today. The relatively shorter, 15 year jumbo fixed rate mortgage home loan options are now up for grabs at an interest rate of 3.750% and an APR yield of 4.008% today.
In the exclusive lending zone, the borrowers, who are troubled by their poor credit history or the inability to deal with expensive down payment conditions, can find the FHA insured 30 year fixed rate mortgage home loans being listed next to an interest rate of 4.375% and an APR yield of 4.879% today. In the short term section, the customers can spot the 15 year FHA fixed rate mortgage home loans being advertised at an interest rate of 4.000% and an APR yield of 4.565%.
When it comes to adjustable rate mortgage section, the interested borrowers can find the best 3 year variable rate packages being quoted at a starting interest rate of 2.250% and an APR yield of 3.261% to start with. The more flexible, 5 year adjustable rate mortgage home loans can now be locked in at a starting interest rate of 2.625% and an APR yield of 3.250% today.
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.