This Monday, at the popular American mortgage lender, US Bank Corp (NSYE: USB), the standard, 30 year fixed mortgage interest are sitting on the same spot on July 7, 2014. This Monday, the potential home loan borrowers can spot the fixed as well as flexible home loan deals being advertised at the same interest rates as yesterday, which will certainly make US Bank Corp mortgage products more popular in the market.
In the most up to date mortgage information released by the bank today, the standard, long term, 30 year fixed rate mortgage home loans are being listed at an interest rate of 4.500% and an annual percentage rate of 4.673%. For the mortgage borrowers, who are planning on taking a shorter route to home financing, the bank offers its 15 year fixed rate home loans at an interest rate of 3.500% and an APR yield of 3.811%. The shortest, 10 year fixed rate mortgage home loan packages are also listed in the bank’s books at an interest rate of 3.375% and an APR yield of 3.823% today.For the mortgage shoppers, who are seeking ideal home loan products to fund their expensive real estate investment, can spot the jumbo versions of its popular 30 year fixed rate mortgage loans being listed at an interest rate of 4.625% and an APR yield of 4.777%. The relatively shorter, 15 year jumbo fixed rate home loan options are now up for grabs at an interest rate of 3.750% and an APR yield of 4.008% this Monday.
The home buyers, who are troubled by their poor credit rating, can reap the benefits of FHA insured 30 year fixed rate mortgage loans, which are now being traded at an interest cost of 4.375% and are backed by an APR yield of 4.879% today. The relatively shorter, 15 year counterparts of the 30 year FHA fixed rate home loan schemes can be seen quoted at an interest price of 4.000% and an APR yield of 4.565% this Monday.
As far as flexible home loan options are concerned, the bank offers its best 3 year adjustable rate mortgage home loans being traded at a starting interest rate of 2.250% and an APR yield of 3.261%. The more flexible, 5 year variable rate home loans are now up for grabs at a lending rate of 2.625% and an APR yield of 3.250% during the initial 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.