With several mortgage providers struggling hard to quote improved lending rates for the borrowers, US Bank Corp (NYSE: USB), easily managed to quote same benchmark 30 year fixed mortgage interest rates. The mortgage shoppers, who are looking forward to acquire fixed or flexible home loan deals from US Bank Corp, will find no change in the mortgage interest rates in comparison to the yesterday’s figures.
As per the most up to date mortgage information made available by the bank on September 5, 2014, the standard, long term, 30 year fixed rate mortgage loan offerings are coming out at same interest rate of 4.500% and an annual percentage rate of 4.673% today. The short term, 15 year fixed rate mortgage home loan deals can now be seen traded at an interest rate of 3.500% and an annual percentage yield of 3.811%. For the qualified borrowers, the bank also offers its shortest, 10 year fixed rate mortgages, at a lending rate of 3.375% and an APR yield of 3.823%.
The mortgage shoppers, who are facing issues due to their lower credit score, or their inability to deal with heavy down payments demanded by banks, can now opt for the FHA insured 30 year fixed rate mortgage deals by bearing an interest price of 4.375% and an annual return rate of 4.879% today. For the borrowers with shorter and less expensive financing needs, the lender offers the 15 year FHA fixed rate mortgage home loans at an interest price of 4.000 % and an APR of 4.565% today.
For the home loan seekers, who plan on funding their realty investments through US Bank Corp, jumbo versions of its popular 30 year fixed rate mortgage home loan plans would serve as ideal options at a lending rate of 4.625% and an APR yield of 4.777%. The short term, 15 year counterparts of the 30 year jumbo fixed rate mortgage home loan packages are now up for grabs at an interest rate of 3.750% and an APR yield of 4.008% this Friday.
When it comes to adjustable rate financing options, the customers can spot the best 3 year adjustable rate mortgage home loan options being traded at a starting interest rate of 2.250% and APR yield of 3.261%. The more flexible, 5 year adjustable rate home loans can now be locked in at an interest rate of 2.625% and an APR yield of 3.250% on the principal amount of home loan secured from 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.