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Today’s Mortgage Interest Rates at US Bank Corp – September 1, 2014

Today’s Mortgage Interest Rates at US Bank Corp – September 1, 2014

Business

Today’s Mortgage Interest Rates at US Bank Corp – September 1, 2014

Today's Mortgage Interest Rates at US Bank Corp - September 1, 2014Following the lead of several other mortgage lenders, the popular US Bank Corp (NYSE: USB), decided to quote same benchmark 30 year fixed mortgage interest rates on September 2, 2014. The borrowers, who are planning on visiting the local branches of US Bank Corp today, in search of ideal home purchase or refinancing mortgage deals, will find no change in the interest rates as compared to yesterday.

In the standard, long term, mortgage section, the potential home buyers can find the 30 year fixed rate mortgage home loan packages being traded at the same interest rate of 4.500% and are backed by an APR yield of 4.673%. The relatively shorter, 15 year fixed rate mortgage deals can now be secured at a lending rate of 3.500% and an annual percentage rate of 3.811% this Tuesday.

The customers, who are finding it difficult to secure conventional home loans owing to poor credit score of their past, or expensive down payment requirements of the lender, can now secure the FHA versions of 30 year fixed rate home loans at an interest rate of 4.375% and an APR yield of 4.879%. The relatively shorter, 15 year FHA variants of the fixed rate mortgage home loans packages are now up for grabs at an interest price of 4.000% and an APR yield of 4.565%.

The borrowers who are planning on funding their expensive home purchase deals through US Bank Corp can now opt for the ideal 30 year jumbo fixed rate mortgage home loans, which are currently traded at a lending rate of 4.625% and are backed by an APR yield of 4.777%. The short term, 15 year counterparts of the 30 year jumbo fixed rate home loan packages can now be locked in at an interest cost of 3.750% and an APR yield of 4.008%.

For the mortgage shoppers, who are planning on securing ideal home loans at more flexible interest rates, the US based lender offers its best 3 year adjustable rate mortgage loans at a starting interest rate of 2.250% and an APR yield of 3.261% during the starting years of the home loan period. The more flexible, 5 year adjustable rate mortgage home loan schemes can now be locked in at an interest rate of 2.625% and an APR yield of 3.250% on the principal amount of home 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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