Connect with us

Today’s Mortgage Interest Rates at US Bank Corp (May 28, 2014)

Today’s Mortgage Interest Rates at US Bank Corp (May 28, 2014)

Business

Today’s Mortgage Interest Rates at US Bank Corp (May 28, 2014)

Today's Mortgage Interest Rates at US Bank Corp (May 28, 2014)US Bank Corp (NYSE: USB) decided to make no change to the benchmark 30 year fixed mortgage interest rates on May 28, 2014. As per the most recent mortgage information made available by the bank today, the ideal fixed and flexible home loan packages are being traded at the same interest rates as yesterday, which is certainly acting in the favor of the bank in the form of stable market demand of its loan products in the market.

Today, in the standard, long term section, 30 year fixed rate long term home loans are being listed next to an interest rate of 4.500% and are carrying an annual percentage rate of 4.673%. For the potential home buyers, who are willing to move down a shorter route, the bank offers its short term, 15 year fixed rate mortgage schemes at an interest rate of 3.500% and an APR yield of 3.811% today. The 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% this Wednesday.For the mortgage shoppers, who are looking forward to back their expensive home investment through US Bank Corp, jumbo versions of the popular 30 year fixed rate mortgage plans would be perfect options at an interest rate of 4.625% and an APR yield of 4.777%. The relatively shorter, 15 year jumbo fixed rate mortgage home loan schemes are now listed at an interest rate of 3.750% and an APR yield of 4.008% today.

The prospective borrowers, who are troubled by their poor credit history or are unable to deal with expensive down payments, can opt for the FHA backed 30 year fixed rate mortgage home loans, which are now traded at an interest rate of 4.375% and an APR yield of 4.879% today. For the mortgagors who are planning to walk on a shorter route, the 15 year FHA fixed rate mortgage home loans are available at an interest rate of 4.000% and an APR yield of 4.565%.

When it comes to adjustable rate mortgage section, the interested customers can spot the best 3 year variable rate home loans being advertised at a starting interest rate of 2.250% and an APR yield of 3.261% to begin 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%.

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.

More in Business

Good News

To Top