Moving down the same thoroughfare, the popular American financier, US Bank Corp (NYSE: USB), decided to make no alterations to the benchmark 30 year fixed mortgage interest rates on September 24, 2014. The potential home buyers, who are seeking fixed or flexible home loan deals for funding their realty investment, can now spot the standard home loan packages traded at the same interest rates as yesterday,
Today, in the standard, long term home loan section, US Bank Corp quoted its 30 year fixed rate mortgage home loan options against an interest rate of 4.500% and an annual percentage rate of 4.673%. In the short term home financing division, the 15 year fixed rate mortgage home loan deals can be seen traded at an interest rate of 3.500% and an APR yield of 3.811%.
The shortest, 10 year fixed rate home loan schemes are also published in the bank’s books against an interest rate of 3.375% and an APR yield of 3.823%.
The mortgage shoppers, who find it difficult to acquire conventional home loans due to their poor credit score, or heavy down payment requirements, can now secure the FHA insured 30 year fixed rate mortgage home loans by bearing an interest rate of 4.375% and an APR yield of 4.879%. The relatively shorter, 15 year FHA fixed rate mortgage loans can now be locked in at an interest rate of 4.000% and an APR yield of 4.565% today.
For the potential home buyers, who are willing to fund their expensive realty investments through US Bank Corp, can now opt for the ideal 30 year jumbo fixed rate mortgage home loan plans, which are currently traded at an interest rate of 4.625% and an APR yield of 4.777% this Wednesday. The relatively shorter, 15 year jumbo fixed rate mortgage home loans can now be seen quoted at an interest rate of 3.750% and an APR yield of 4.008% today.
As far as adjustable rate mortgage go, the interested borrowers can find the 5 year variable rate home loan options being tagged with an interest price of 2.250% and an APR yield of 3.261% during the starting years of the home loan tenure. The more flexible, 5 year adjustable rate mortgage are now up for grabs at a lending rate of 2.625% and are backed by 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.
For comments and suggestions, leave a message in the comments section below. Like and Follow our Facebook page for more stories and to stay up-to-date with the latest happenings.