Moving along the same pricing lines, the popular American mortgage provider, US Bank Corp (NYSE: USB) chose to keep its benchmark 30 year fixed mortgage interest rates unchanged on August 4, 2014. Today, the qualified mortgage shoppers, who are planning on funding their new home purchase or refinance investments through US Bank Corp, will find the best fixed and flexible home loans being traded at the same lending rates as towards the end of the previous week.
This Monday, the standard, long term, 30 year fixed rate mortgage home loans can be seen advertised at an interest rate of 4.500% and backed by an annual percentage rate of 4.673%. The relatively shorter, 15 year fixed rate mortgage home loans are now available at an interest rate of 3.500% and an APR yield of 3.811%. The interested borrowers can also spot the shortest, 10 year fixed rate mortgage home loan plans, being advertised at an interest rate of 3.375% and an APR yield of 3.823%.
The potential home buyers, who are planning on having their expensive realty investment financed through US Bank Corp, can secure the jumbo versions of its popular 30 year fixed rate mortgage loan plans, which are now traded at an interest rate of 4.625% and an APR yield of 4.777%. The short term, 15 year jumbo fixed rate mortgage home loan deals are now up for grabs at an interest rate of 3.750% and an APR yield of 4.008%.
The potential customers, who are facing trouble in securing standard home loans due to their poor credit score or inability to service expensive down payments, can now opt for the FHA insured 30 year fixed rate mortgage home loans, which are now published in the bank’s books at an interest rate of 4.375% and are backed by an APR yield of 4.879%. The relatively shorter, 15 year counterparts of the 30 year FHA fixed rate mortgage loans can be locked in at an interest price of 4.000% and an APR yield of 4.565% this Monday.
When it comes to flexible rate home loan options, the interested borrowers can spot the best 3 year adjustable rate mortgage home loan packages being tagged with a starting interest price of 2.250% and accompanied by an annual return rate of 3.261% to begin with. The more flexible, 5 year fixed rate mortgage home loan deals are now coming out at an interest rate of 2.625% and an APR yield of 3.250% today.
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.