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Today’s Mortgage Interest Rates Remained Unchanged at US Bank Corp (July 14, 2014)

Today’s Mortgage Interest Rates Remained Unchanged at US Bank Corp (July 14, 2014)

Business

Today’s Mortgage Interest Rates Remained Unchanged at US Bank Corp (July 14, 2014)

Today's Mortgage Interest Rates Remained Unchanged at US Bank Corp (July 14, 2014)Of all the financiers operating in the American market, US Bank Corp (NYSE: USB) is known for its outstanding pricing approach and stability in the market as well as among the potential customers. In its most up to date mortgage information released on July 14, 2014, US Bank Corp managed to publish same benchmark 30 year fixed mortgage home loan interest rate, as against the fluctuating interest rates of other home loan providers.

To start with, the standard, long term, 30 year fixed rate mortgage home loans can now be locked in by bearing an interest rate of 4.500% and an annual percentage rate of 4.673%. The relatively shorter and less expensive, 15 year fixed rate mortgage home loan packages are now up for grabs at an interest rate of 3.500% and an APR yield of 3.811% this Monday. The shortest, 10 year fixed rate mortgage deals can be seen listed in bank’s books against an interest rate of 3.375% and an APR yield of 3.823%.The potential home buyers, who are unable to secure conventional home loans owing to their poor credit scores or inability to make costly down payments, can opt for the FHA approved 30 year fixed rate mortgage deals, which are now coming out at an interest rate of 4.375% and an annual percentage yield of 4.879% this Monday. The short term, 15 year FHA fixed rate mortgage home loan schemes can now be locked in at a lending rate of 4.000% and an APR yield of 4.565%.

For the borrowers, who are planning on making an expensive realty investment and are willing to have it financed through US Bank Corp, the 30 year jumbo fixed rate home loans would be ideal options at an interest rate of 4.625% and an APR yield of 4.777%. The 15 year jumbo fixed rate mortgage plans are now up for grabs at an interest rate of 3.750% and an APR yield of 4.008% this Monday.

As far as the flexible home loan deals are considered, the bank offers its best 3 year adjustable rate mortgage home loans at a starting interest rate of 2.250% and an APR yield of 3.261% at the beginning of the trading week. The more flexible, 5 year adjustable rate mortgage deals can now be locked in at an interest rate of 2.625% and an annual percentage rate 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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