Connect with us

US Bank Corp published its Mortgage Interest Rates on March 7, 2014

US Bank Corp published its Mortgage Interest Rates on March 7, 2014

Business

US Bank Corp published its Mortgage Interest Rates on March 7, 2014

This Friday, the benchmark 30 year fixed mortgage interest rates are holding their ground at US Bank Corp (NYSE: USB). As per the new mortgage information released by the bank on March 7, 2014, the loyal and the potential customers can find the fixed and flexible home loan packages coming out at slightly different interest rates today, a difference that wouldn’t change the overall demand of the bank’s loan products in the market.

Today, the borrowers interested in acquiring the standard, long term, 30 year fixed rate mortgage home loans will have to bear with an interest burden of 4.500% and agree to an annual percentage yield of 4.673%. On the other hand, in the short term lending section, the bank is charging an interest price of 3.500% and offering an APR yield of 3.811% from the borrowers, who are planning on acquiring the 15 year fixed rate mortgage home loan deals. The interested customers can also spot the shortest, 10 year fixed rate mortgage home loans, being traded at a lending rate of 3.375% and an APR yield of 3.823%.

For the seekers of ideal home financing options for dealing with their expensive home investments, the bank is offering its best 30 year jumbo fixed rate mortgage home loan plans at an interest rate of 4.625% and an APR yield of 4.777% today. Alternatively, the short term, 15 year jumbo fixed rate mortgage deals are being advertised at an interest rate of 3.750% and are accompanied by an APR yield of 4.008% today.

The potential home buyers, who are finding it difficult to secure a conventional home loan owing to their poor credit score of the past, or difficulty to deal with the expensive down payment requirements, can reap the benefits of the exclusive, FHA insured, 30 year fixed rate mortgage home loan offerings, which are now being published against a lending charge of 4.375% and an APR yield of 4.879% today. However, the relatively shorter, 15 year FHA fixed rate mortgage home loan packages can be acquired at an interest rate of 4.000% and an APR yield of 4.565% today.

As far as the adjustable rate mortgage options are considered, the mortgage shoppers can spot the 5 year variable rate options being traded at a starting interest rate of 2.250% and offering an APR yield of 3.261% today. On the other hand, the admirers of more flexibility can opt for the 5 year adjustable rate mortgage, which are now up for grabs at an interest price of 2.625% and an APR yield 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.

More in Business

Good News

To Top