Moving along its usual pathway, the popular American financier, US Bank Corp (NYSE: USB), decided to quote its best mortgage loan packages at the same benchmark 30 year fixed mortgage interest rates on July 17, 2014. The potential home buyers, who are looking forward to have their new realty investment financed through US Bank Corp today, will find the fixed and flexible interest rates sitting on the same spot as yesterday.
As of now, in the standard, long term home loan section, the 30 year fixed rate mortgage home loan deals can be seen listed at an interest cost of 4.500% and backed by an annual percentage rate of 4.673%. The relatively shorter, 15 year fixed rate mortgage home loan deals can be secured by bearing an interest rate of 3.500% and agreeing to an APR yield of 3.811% today. The 10 year fixed rate mortgage loans can also be seen highlighted in the home loan portfolio against a lending rate of 3.375% and an annual return percentage of 3.823%.For the mortgage shoppers, who are facing issues in securing conventional home loans owing to their poor credit score or the inability to make heavy down payments, the bank now offers FHA insured 30 year fixed rate mortgage home loan plans at an interest rate of 4.375% and an APR yield of 4.879%. In the short term lending section, 15 year FHA backed fixed rate mortgage deals can be seen listed at an interest rate of 4.000% and an APR of 4.565% this Thursday.
In the exclusive, jumbo home loan department, the bank has quoted its popular 30 year fixed rate mortgage home loan packages at an interest rate of 4.625% and an APR yield of 4.777%. The borrowers who are planning on walking down a shorter route can now opt for the 15 year jumbo mortgage home loans, which are still traded at an interest rate of 3.750% and carry an annual percentage yield of 4.008% today.
When it comes to adjustable rate mortgage loans, the 3 year variable rate home loans deals are highlighted in the bank’s books at a starting interest rate of 2.250% and an APR yield of 3.261% during the starting years of the home loan tenure. The 5 year adjustable rate mortgage home loans are now up for grabs at an interest rate of 2.625% and an annual percentage rate of 3.250% on the principal amount of home loan sanctioned by the bank.
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.