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US Bank Corp Kept its Mortgage Interest Rates Unchanged on February 4, 2014

US Bank Corp Kept its Mortgage Interest Rates Unchanged on February 4, 2014

Business

US Bank Corp Kept its Mortgage Interest Rates Unchanged on February 4, 2014

This Tuesday, US Bank Corp (NYSE: USB) decided to continue travelling along the same path, as it has been for the past few days, and quote the same home loan rates for the loyal customers. As per the new mortgage charts released by the bank, the benchmark 30 year fixed mortgage interest rates remained steady and experienced no absolute change on February 4, 2014.

As of now, the interested customers can acquire the standard, 30 year fixed rate mortgage home loan offerings at an interest rate of 4.500% and an annual percentage yield of 4.673% today. On the other hand, the relatively shorter, 15 year fixed rate mortgage deals can be had at an interest cost of 3.500% and an APR yield of 3.811% today. The shortest, 10 year fixed rate mortgage home loans, can also be seen published in the bank’s books against a lending charge of 3.375% and an APR yield of 3.823%.

On the other hand, for the potential mortgage borrowers, who are troubled by their poor credit score of the past or are finding it difficult to deal with the heavy down payment requirements, the bank offers its exclusive FHA insured 30 year fixed rate mortgage home loan offerings at an interest rate of 4.375% and an APR yield of 4.879% today. However, the short term, 15 year FHA fixed rate mortgage deals can be locked in at an interest rate of 4.000% and an APR yield of 4.565% today.

For the seekers of expensive home loan deals for financing their bigger home investments, the ideal 30 year jumbo fixed rate mortgage home loan plans will be an ideal pick at an interest rate of 4.625% and an APR yield of 4.777% today. On the other hand, the relatively shorter, 15 year jumbo fixed rate mortgage packages are coming out at an interest rate of 3.750% and are backed by an APR yield of 4.008% today.

The VA versions of 30 year fixed rate home loans can be obtained by bearing an interest cost of 4.500% and an APR yield of 4.846% today. However, the 15 year variants of the VA fixed rate mortgage deals are up for grabs at an interest rate of 3.750% and an APR yield of 4.721%.

In the adjustable rate mortgage division, the interested borrowers can find the 5 year variable rate home loan options coming out at a starting rate of 2.250% and an APR yield of 3.261% today. However, the more flexible, 5 year adjustable rate mortgage are up for grabs at a lending rate of 2.625% and come along with an APR yield of 3.250% to begin 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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