Connect with us

Today’s Mortgage Interest Rates at US Bank Corp on June 4, 2014

Today’s Mortgage Interest Rates at US Bank Corp on June 4, 2014

Business

Today’s Mortgage Interest Rates at US Bank Corp on June 4, 2014

Today's Mortgage Interest Rates at US Bank Corp on June 4, 2014Defying the movement of several other mortgage lenders in the market, US Bank Corp (NYSE: USB), made no pleasant or unpleasant change to its benchmark 30 year fixed mortgage interest rates on June 4, 2014. This Wednesday, the interested home buyers, who are planning on securing ideal funds from US Bank Corp, will find no change in the fixed as well as flexible home loan rates.

With regards to the standard, long term home loan offerings, US Bank Corp is currently trading its 30 year fixed rate mortgage home loan plans at an interest rate of 4.500% and an annual percentage rate of 4.673% today. In the short term lending section, the 15 year fixed rate mortgage plans are now up for grabs at an interest rate of 3.500% and an APR yield of 3.811% today. The shortest, 10 year fixed rate home loan packages are also listed in the bank’s portfolio at a lending rate of 3.375% and an APR yield of 3.823%.

This Wednesday, in the exclusive home loan division, the borrowers, who are planning on making expensive home investments, can find jumbo versions of the popular 30 year fixed rate mortgage home loans being traded at an interest rate of 4.625% and an APR yield of 4.777%. In the relatively shorter home loan section, 15 year counterparts of the 30 year jumbo fixed rate mortgage home loans are now made available at an interest rate of 3.750% and an APR yield of 4.008%.

For the borrowers, who are unable to secure conventional home loan owing to their poor credit score, or the inability to deal with pricey down payments, the bank provides FHA versions of its 30 year fixed rate mortgage loans at an interest rate of 4.375% and an APR yield of 4.879% today. For the mortgage shoppers, who are planning on taking a shorter route towards home financing, the 15 year FHA fixed rate home loans would be perfect at an interest rate of 4.000% and an APR yield of 4.565%.

When it comes to flexible home loan options, the interested customers can spot the best 3 year adjustable rate mortgage home loans being quoted at a starting interest rate of 2.250% and are an annual percentage rate of 3.261%. The more flexible, 7 year adjustable mortgage home loan packages can now be locked in at an interest rate of 2.625% and an APR yield of 3.250% on the principal amount of 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.

More in Business

Good News

To Top