Following the movement of several other mortgage lenders, US Bank Corp (NYSE: USB) decided to bring about no change to its benchmark 30 year fixed mortgage interest rates on July 2, 2014. The mortgage seekers, who are planning on visiting the local branch of US Bank Corp today, will find no change in the ideal fixed as well as flexible home loan rates in comparison to the figures published yesterday.
As per the new mortgage information available for the interested customers, the standard, 30 year fixed rate long term mortgage home loans are coming out of US Bank Corp at an interest rate of 4.500% and an APR yield of 4.673% today. On the other hand, in the short term lending section, the mortgage borrowers can find the 15 year fixed rate home loans being published next to a lending charge of 3.500% and an APR yield of 3.811%. The shortest, 10 year fixed rate mortgage home loan deals can also be locked in at an interest rate of 3.375% and an annual percentage rate of 3.823% today.For the borrowers, who are looking forward to finance their expensive realty dreams through US Bank Corp, the 30 year jumbo fixed rate home loans would be an ideal pick at a firm interest rate of 4.625% and an APR yield of 4.777%. The shorter, 15 year counterparts of the 30 year jumbo fixed rate mortgage loans can be locked in at an interest cost of 3.750% and an APR yield of 4.008%.
For the customers, who are troubled by their bad credit score of the past, or are unable to meet the heavy down payment requirements, the bank offers its FHA insured fixed rate mortgage loans at impressive rates. Today, the 30 year FHA fixed rate mortgage packages are up for grabs at an interest rate of 4.375% and an APR yield of 4.879%. The relatively shorter, 15 year FHA fixed rate home loans can be had at an interest cost of 4.000% and an APR yield of 4.565%.
As far as the adjustable rate mortgage options are concerned, the best 3 year deals can be seen listed in the home loan portfolio against a lending rate of 2.250% and an annual return rate of 3.261% to begin with. For the seekers of more flexible lending rates, the 5 year adjustable rate mortgage home loans would be perfect options at an interest rate of 2.625% and an APR yield of 3.250% this Wednesday.
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.