The popular US based financier, US Bank Corp (NYSE: USB), chose to make no alterations to its benchmark 30 year fixed mortgage interest rates on August 11, 2014. As of now, in the most up to date mortgage charts published by the bank, the fixed as well as flexible home loan deals are coming out at the same interest rates as towards the end of the last week.
This Monday, the standard, long term, 30 year fixed rate mortgage home loan schemes are coming out at an interest rate of 4.500% and are backed by an annual percentage yield of 4.673%. The short term, the 15 year fixed rate mortgage home loan deals are can be seen listed against a lending rate of 3.500% and an APR yield of 3.811% today. The interested mortgage shoppers can also spot the unique, 10 year fixed rate mortgage deals published in the bank’s books at an interest rate of 3.375% and carrying an APR yield of 3.823%.
The mortgage shoppers, who are being troubled by their bad credit score, or inability to make exorbitant down payments, can now secure FHA insured 30 year fixed rate mortgage home loan deals, which are currently traded at an interest rate of 4.375% and an APR yield of 4.879%. The relatively shorter, 15 year FHA fixed rate mortgage home loans are now up for grabs at a lending price of 4.000% and an APR yield of 4.565% today.
For the mortgage shoppers, who are planning on having their expensive realty investment financed through US Bank Corp, jumbo versions of the popular 30 year fixed rate mortgage home loans would be perfect options at an interest rate of 4.625% and an annual return rate of 4.777% this Monday. In the short term home financing section, the 15 year jumbo fixed rate mortgage home loan schemes can be seen advertised at an interest rate of 3.750% and an APR yield of 4.008%.
When it comes to flexible mortgage home loan options, the best 3 year variable rate mortgage deals are being traded at a starting interest rate of 2.250% today and an annual percentage return of 3.261% to start with. The more flexible, 5 year adjustable rate mortgage home loans are now up for grabs at an interest price of 2.625% and an APR yield of 3.250% during the starting years of 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.