At the beginning of a new week and a new month, the popular mortgage provider, US Bank Corp (NYSE: USB), decided to quote unchanged benchmark 30 year fixed mortgage interest rates on September 1, 2014. The potential home buyers, who are willing to secure ideal fixed or flexible home loan deals from US Bank Corp, will find no movement in the mortgage rates on September 1, 2014 in comparison to last week.
In the standard, long term lending section, the bank now offers the 30 year fixed rate mortgage home loan deals at an interest rate of 4.500% and an annual percentage rate of 4.673% today. The relatively shorter, 15 year fixed rate mortgage packages can now be seen coming out at an interest rate of 3.500% and an APR yield of 3.811% today. The interested customers can also spot the shortest, 10 year fixed rate mortgage home loan options published in the bank’s books at an interest rate of 3.375% and carrying an APR yield of 3.823%.
The borrowers, who are facing issues due to their poor credit score of their past, or are unable to deal with heavy down payment requirements, can now reap the benefits of the FHA insured 30 year fixed rate mortgage home loans, which are currently traded at an interest rate 4.375%, yielding an annual return rate of 4.879%. The short term, 15 year FHA backed fixed rate mortgage home loan packages are now up for grabs at an interest rate of 4.000% and an APR yield of 4.565% this Monday.
For potential borrowers, who are planning on funding their expensive home investment through US Bank Corp, jumbo versions of the popular 30 year fixed rate mortgage home loan plans can now be seen published at an interest rate of 4.625% and an APR yield of 4.777%. In the short term lending section, the 15 year jumbo fixed rate mortgage loan schemes are coming out at an interest rate of 3.750% and an APR yield of 4.008% this Monday.
When it comes to flexible home loan packages, the bank is now offering the best 3 year adjustable rate mortgage deals at a starting interest rate of 2.250% and an annual interest rate of 3.261%. The more flexible, 5 year adjustable rate mortgage plans are now up for grabs at an interest rate of 2.625% and an APR yield of 3.250% to begin 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.