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US Bank Corp’s Mortgage Interest Rates on August 6, 2014

US Bank Corp’s Mortgage Interest Rates on August 6, 2014

Business

US Bank Corp’s Mortgage Interest Rates on August 6, 2014

US Bank Corp's Mortgage Interest Rates on August 6, 2014As per the most recent mortgage rate charts released by the bank today, the popular American financier, US Bank Corp (NYSE: USB) did not make any changes to its benchmark 30 year fixed mortgage interest rates on August 6, 2014. The qualified borrowers, who are now planning on securing ideal home purchase loans from US Bank Corp, will now find no change in the lending rates charged today.

With regards to the standard, long term home loan offerings, the bank is now charging an interest price of 4.500% and offering an annual percentage rate of 4.673% to the borrowers interested in securing 30 year fixed rate mortgage home loans today. The short term, 15 year fixed rate mortgage loans can now be locked in at an interest rate of 3.500% and an APR yield of 3.811%. The bank also highlights the shortest, 10 year fixed rate mortgage home loans, in its loan books, at an interest rate of 3.375% and an APR yield of 3.823%.

For the interested home buyers, who are facing issues in acquiring standard home loan deals, owing to their poor credit score, or inability to arrange for the exorbitant heavy down payments demanded by the banks, the mortgage lender offers its FHA insured 30 year fixed rate mortgage home loans at an interest rate of 4.375% and an annual return rate of 4.879%. The shorter, 15 year counterparts of the 30 year FHA fixed rate home loan packages are now up for grabs at an interest rate of 4.000% and an APR yield of 4.565% this Wednesday.

In the jumbo home loan section, the bank is now offering its popular 30 year fixed rate mortgage options at an interest rate of 4.625% and an APR yield of 4.777% today. The short term, 15 year jumbo fixed rate mortgage home loans can now be secured by bearing an interest rate of 3.750% and agreeing to an APR yield of 4.008%.

For the mortgage shoppers, who are looking forward to secure flexible home loan deals, the bank quotes its best, 3 year adjustable rate mortgage home loan schemes at an interest rate of 2.250% and an annual percentage yield of 3.261% to start with. The more flexible, 5 year adjustable rate mortgage deals can now be seen seated next to a starting interest rate of 2.625% and an annual return rate of 3.250% on the initial 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.

About Stephany Wilson

Stephany Wilson covers business and finance related news.

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