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Today’s Mortgage Rates Summary at US Bank Corp – June 17, 2014

Today’s Mortgage Rates Summary at US Bank Corp – June 17, 2014

Business

Today’s Mortgage Rates Summary at US Bank Corp – June 17, 2014

US Bank Corp Published Mortgage Interest Rates on June 17, 2014Following its usual pricing approach, the popular American mortgage lender, US Bank Corp (NYSE: USB), chose to keep its benchmark 30 year fixed mortgage interest rates steady on June 17, 2014. The interested mortgage shoppers, who are planning on stopping by the local branch of US Bank Corp for securing ideal fixed or flexible rate home loans, will find no change in the interest rates today.

To start with, in the standard, long term home loan division, US Bank Corp is currently offering the 30 year fixed rate mortgage home loan options at an interest rate of 4.500% and an annual percentage rate of 4.673% today. In the short term home financing section, the 15 year fixed rate mortgage home loan packages are listed at an interest rate of 3.500% and an APR yield of 3.811%. The shortest, 10 year fixed rate home loan schemes can also be seen published in the loan portfolio at an interest rate of 3.375% and an APR yield of 3.823%.The mortgage shoppers, who are troubled by their poor credit score, or face issues in acquiring conventional home loans due to their inability to service heavy down payments, can reap the benefits of FHA insured 30 year fixed rate mortgage home loans, which are now traded at an interest rate of 4.375% and carry an APR yield of 4.879%. The relatively shorter, 15 year FHA fixed rate mortgage loans are up for grabs at an interest rate of 4.000% and an APR yield of 4.565% today.

The potential home buyers with expensive realty investment needs can opt for the ideal 30 year jumbo fixed rate mortgage home loan plans, which are now being traded at an interest rate of 4.625% and an APR yield of 4.777% this Tuesday. The somewhat shorter, 15 year jumbo fixed rate mortgage home loans are now listed at an interest rate of 3.750% and an APR yield of 4.008% today.

When it comes to adjustable rate mortgage options, the interested borrowers can spot the 5 year variable rate home loan options being advertised at a starting interest rate of 2.250% and an APR yield of 3.261% on the principal amount of home loan secured from the bank. The more flexible, 5 year adjustable rate mortgage can now be locked in at a lending rate of 2.625% and are backed by an APR yield of 3.250% during the starting years of the home loan tenure.

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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