Of all the mortgage lenders operating in the American mortgage market, US Bank Corp (NYSE: USB), has held its reputation as a financier that manages to keep its fixed as well as flexible interest rates stable for the longest period of time. Moving along the same pricing policy, the mortgage lender made no changes to its benchmark 30 year fixed mortgage interest rates August 14, 2014.
As of now, the standard, long term, 30 year fixed rate mortgage loan deals can be seen published at the same interest rate of 4.500% today and an annual percentage rate of 4.673% today. In the short term mortgage section, the 15 year fixed rate mortgage packages are being traded at a lending rate of 3.500% and an annual percentage yield of 3.811%. 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% this Thursday.
For the mortgage shoppers, who are planning on having their expensive realty investment funded through TD bank, the 30 year jumbo fixed rate mortgage plans would be perfect options at an interest price of 4.625% and an APR yield of 4.777%. The relatively shorter, 15 year variants of the 30 year jumbo fixed rate mortgage home loans are now up for grabs at an interest cost of 3.750% and an APR yield of 4.008% today.
The potential home buyers, who are not able to secure conventional home loans due to their lower credit score of the past, or inability to deal with expensive down payment requirements that come along the conventional home loans, can now opt for the FHA insured 30 year fixed rate mortgage schemes, which are currently traded at an impressive lending rate of 4.375% and an APR yield of 4.879%. The lender also offers the 15 year FHA backed fixed rate mortgage home loans at an interest rate of 4.000% and an annual return rate of 4.565% today.
For dealing with the flexible financing needs of the borrowers, US Bank Corp is now offering the best 3 year adjustable rate mortgage deals at a starting interest rate of 2.250% and APR yield of 3.261% to start with. The more flexible, 5 year variable home loans are now up for grabs at an interest rate of 2.625% and an APR yield of 3.250% on the principal amount of home loan taken 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.