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US Bank Corp’s Mortgage Home Loan Rates on June 18, 2014

US Bank Corp’s Mortgage Home Loan Rates on June 18, 2014

Business

US Bank Corp’s Mortgage Home Loan Rates on June 18, 2014

US Bank Corp's Mortgage Home Loan Rates on June 18, 2014Following its usual pricing policy, the popular American financier, US Bank Corp (NYSE: USB), decided to keep its benchmark 30 year fixed mortgage interest rates unchanged in June 18, 2014. According to the most recent mortgage rate chart released by the bank, the ideal fixed and flexible home loan deals can be seen coming out at the same lending rates as yesterday, thereby bringing about no change in the overall demand of USB loan products in the market.

This Wednesday, the standard, long term, 30 year fixed rate mortgage home loan plans are now being traded at an interest rate of 4.500% and are backed by an annual percentage rate of 4.673%. In the short term home financing section, the bank offers 15 year fixed rate mortgage home loans at an interest rate of 3.500% and an APR yield of 3.811% today. The mortgage shoppers can also find the shortest, 10 year fixed rate mortgage home loan deals, being published in the home loan portfolio at an interest rate of 3.375% and an APR yield of 3.823%.The potential customers, who are facing issues in securing conventional home loans due to their poor credit score of the past or inability to make heavy down payments, can secure the FHA backed 30 year fixed rate mortgage home loans by bearing an interest rate of 4.375% and agreeing to an APR yield of 4.879%. The relatively shorter, 15 year FHA fixed rate mortgage loans are now up for grabs at an interest rate of 4.000% and an APR yield of 4.565%.

In the exclusive lending zone, the bank aims at catering to the needs to the customers, who are planning on having their expensive home purchase financed through ideal loan options, by offering jumbo versions of its popular 30 year fixed rate home loans at an interest rate of 4.625% and an APR yield of 4.777% today. The relatively shorter, 15 year jumbo fixed rate mortgage home loan packages are also listed in the bank’s books at an interest price of 3.750% and an APR yield of 4.008%.

When it comes to the variable rate mortgage home financing options, the mortgage shoppers can secure the best 3 year adjustable rate home deals at an interest rate of 2.250% and an APR yield of 3.261%. The more flexible, 5 year adjustable rate mortgage options can now be locked in at a starting interest rate of 2.625% and an annual percentage yield of 3.250% this Wednesday.

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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