At the popular American mortgage lender, US Bank Corp (NSYE: USB), the benchmark 30 year fixed mortgage interest rates haven’t experienced any pleasant or unpleasant change on April 23, 2014. This Wednesday, the potential home loan borrowers will find the fixed as well as flexible home loan deals being traded at same interest rates as yesterday, which will certainly make USB mortgage products more popular in the market as against others with hiked lending rates.
As per the most up to date mortgage data made available by the bank today, the standard, long term, 30 year fixed rate mortgage home loans are being traded at an interest rate of 4.500% and an annual percentage rate of 4.673%. For the mortgage borrowers, who are planning on taking a short cut to finance their realty investment, the bank offers its 15 year fixed rate home loans against an interest rate of 3.500% and an APR yield of 3.811%. The shortest, 10 year fixed rate mortgage home loan packages can also be found advertised in the bank’s books at an interest rate of 3.375% and an APR yield of 3.823% today.
For the mortgage borrowers, who are planning on making an expensive real estate investment and are seeking ideal finances from US Bank Corp, the jumbo versions of its popular 30 year fixed rate mortgage loans would be perfect options at an interest rate of 4.625% and an APR yield of 4.777%. On the other hand, the short term, the 15 year jumbo fixed rate home loan options can locked in at an interest rate of 3.750% and an APR yield of 4.008%.
The troubled home buyers can reap the benefits of FHA insured 30 year fixed rate mortgage loans, which are now being advertised at an interest cost of 4.375% and are backed by an APR yield of 4.879% today. On the contrary, the relatively shorter, 15 year FHA fixed rate home loan schemes can be seen published in the bank’s loan portfolio against an interest price of 4.000% and an APR yield of 4.565% this Wednesday.
When it comes to flexible home loan options, 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%. Alternatively, the more flexible, 5 year variable rate home loans can be locked in at a lending rate of 2.625% today and an APR yield of 3.250% during the initial years of the home loan period.
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.