Connect with us

Today’s mortgage rates at US Bank Corp (December 11, 2013)

Today’s mortgage rates at US Bank Corp (December 11, 2013)

Business

Today’s mortgage rates at US Bank Corp (December 11, 2013)

Todays mortgage rates at US Bank Corp December 11 2013Unlike other major mortgage lenders in the United States, US Bank Corp (NYSE: USB) again managed to keep its benchmark 30 year fixed mortgage interest rates stable on December 11, 2013. The customers will find the home purchase and refinancing loan options published at the same interest rates in this ever-changing realty market today.

As per the new reports published by the American lender, the popular 30 year fixed rate mortgage home loans are now coming out at an interest rate of 4.500% and carry an APR yield of 4.673% today. On the contrary, the relatively shorter, 15 year fixed rate mortgage loans can now be had at a rate of 3.500% and an APR yield of 4.846%. The bank also provides unique 10 year fixed rate mortgage home loan deals at an interest rate of 3.375% and an APR yield of 3.823%.

When it comes to jumbo financing, US Bank Corp remains on the forefront with its best 30 year fixed rate mortgage plans that are available at a rate of 4.625% and come along with an APR yield of 4.777%. For the borrowers looking forward to go for the short term financing options, the bank provides 15 year jumbo fixed rate home loans at an interest rate of 3.750% and an APR yield of 4.008%.

In some cases, the mortgagors might not be able to deal with the requirement of heavy down payments or might face other difficulties due to poor past credit score. For such borrowers, the US based lender provides FHA approved 30 year FRM loans at an interest rate of 4.375% and an APR yield of 4.879%. When it comes to short term financing, the 15 year FHA fixed rate mortgage loans can be had at an interest cost of 4.000% and an APR yield of 4.565%.

The bank also provides VA versions of the 30 year fixed rate mortgage home loans against a lending charge of 4.500% and an APR yield of 4.846%. On the other hand, in the short tenure financing category, the bank provides 15 year VA FRM deals at a rate of 4.000%, which carry an APR yield of 4.721%.

As far as the adjustable rate mortgage loans are considered, the 3 year deals can be procured by the customers who are interested in bearing a lending charge of 2.250% and are fine with an APR yield of 3.261%. However, those who want more flexible interest rates, the 7 year ARM loans would probably be a good choice at a rate of 2.625% and with an APR yield of 3.250% to start 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.

About Stephany Wilson

Stephany Wilson covers business and finance related news.

More in Business

Good News

To Top