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Today’s Mortgage Rates Summary at US Bank Corp (January 23, 2014)

Today’s Mortgage Rates Summary at US Bank Corp  (January 23, 2014)

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Today’s Mortgage Rates Summary at US Bank Corp (January 23, 2014)

Today Mortgage Rates Summary at US Bank Corp  January 23 2014This Thursday did not bring along any good or bad surprise for the potential home buyers who are looking forward to seek financial help from US Bank Corp (NYSE: USB) on January 23, 2014. The interested customers will find the benchmark 30 year fixed mortgage interest rates standing still today, thereby making no difference to the demand of USB loan products in the mortgage market.

The seekers of long term home loans can find the standard 30 year fixed rate mortgage home loans coming out at an interest rate of 4.500% today and carrying an annual percentage rate of 4.673% along. However, the relatively shorter, 15 year fixed rate mortgage plans are up for grabs at an interest rate of 3.500% and an APR yield of 3.811%. The customers can also find the shortest, 10 year fixed rate mortgage deals carrying an interest rate of 3.375% and an APR yield of 3.823% today.

The borrowers who are finding it hard to acquire a conventional home loan because of their poor credit score of the past or heavy down payment requirements can reap the benefits of FHA approved 30 year fixed rate mortgage schemes, which are now traded at a rate of 4.375% and an APR yield of 4.879%. Alternatively, the 15 year FHA fixed rate home loan deals can be locked in at an interest cost of 4.000% and an APR yield of 4.565% today.

For the mortgage shoppers who are planning on financing their heavy home investment, US Bank Corp offers its best 30 year jumbo fixed rate mortgage home loans at a lending rate of 4.625% and an APR yield of 4.777%. The relatively shorter, 15 year jumbo fixed rate mortgage home loans can be had at an interest rate of 3.750% and an APR yield of 4.008%.

The VA versions of 30 year fixed rate mortgage packages are now up for grabs at an interest rate of 4.500% and an APR yield of 4.846%. However, the short term, 15 year counterpart of the 30 year fixed rate mortgage home loans can be had at an interest price of 4.000% and an APR yield of 4.721% today.

In the adjustable rate mortgage division, the bank currently offers its best 3 year deals at a starting interest rate of 2.250% and an APR yield of 3.261%. On the other hand, the more flexible, 7 year adjustable rate mortgage plans are coming out at an interest price of 2.625% and an annual return 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.

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