For yet another day, the popular mortgage lender, US Bank Corp (NYSE: USB) managed to quote unchanged benchmark 30 year fixed mortgage home loan rates on April 29, 2014. It has been quite long since the interested home loan borrowers witnessed any kind of movement in the fixed and flexible home loan rates offered by the bank, and the overall picture remained unchanged this Tuesday as well.
As of now, according to the new mortgage information released by the bank today, the standard, long term, 30 year fixed rate mortgage home loans are coming out at an interest rate of 4.500% and an annual percentage rate of 4.673%. The mortgage shoppers, who are interested in taking the shorter route to finance their home investment, can opt for the best 15 year fixed rate mortgage home loans, by bearing a lending price of 3.500% and agreeing to an annual percentage yield of 3.811%. The shortest, 10 year fixed rate home loans, can also be found listed in the bank’s books against a lending charge of 3.375% and an APR yield of 3.823% today.The potential home buyers, who are seeking for some financial help from US Bank Corp for their pricey home investments, can spot the jumbo versions of its popular 30 year fixed rate mortgage loans being listed at an interest rate of 4.625% and being backed by an APR yield of 4.777% today. However, in the short term lending section, the 15 year jumbo fixed rate mortgage loans can be seen tagged with an interest price of 3.750% and an APR yield of 4.008%.
For the troubled mortgage shoppers, the US based home loan provider is offering its 30 year FHA approved fixed rate mortgage loan schemes at an impressive interest rate of 4.375% and an APR yield of 4.879% this Tuesday. On the contrary, the borrowers can opt for the 15 year counterparts of 30 year FHA fixed mortgage interest rates, which are now quoted at an interest rate of 4.000% and are backed by an APR yield of 4.565% today.
As far as the flexible home loan options are considered, the American lender is offering its best 3 year adjustable rate mortgage home loans at a starting interest rate of 2.250% and an APR yield of 3.261% to begin with. On the other hand, the more flexible, 5 year adjustable rate mortgage home loan packages are coming out at an interest rate of 2.625% and an annual return of 3.250% today.
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.