Several mortgage lenders tend to alter their mortgage interest rates in the light of regular market changes and other economic factors. However, the popular mortgage provider, US Bank Corp (NYSE: USB) maintains a distinct reputation by quoting stable fixed as well as flexible home rates. In the new mortgage information released by the bank on May 27, 2014, mortgage shoppers will find no change in the benchmark 30 year fixed mortgage interest rates.
For the borrowers, who are willing to fund their expensive home investment through US Bank Corp, jumbo versions of the popular 30 year fixed rate mortgage plans would be ideal options at an interest rate of 4.625% and an APR yield of 4.777%, which is certainly higher than the rates offered by conventional home loan deals. In the short term lending section, the 15 year counterparts of 30 year jumbo fixed rate mortgage plans are up for grabs at an interest rate of 3.750% and an APR yield of 4.008% today.
As far as flexible home deals are considered, the interested borrowers can opt for the best 3 year adjustable rate mortgage home loan deals at a starting interest rate of 2.250% and an annual return rate of 3.261% to start with. The more flexible, 5 year adjustable rate mortgage home loan deals can be locked in at an interest rate of 2.625% and an APR yield of 3.250%.