At the popular mortgage lender, US Bank Corp (NYSE: USB), the benchmark 30 year fixed mortgage interest rates didn’t experience any pleasant or unpleasant movement on September 17, 2014. The customers, who are interested in securing ideal home purchase or refinancing home loan deals from US Bank Corp today, will find no change in the fixed and flexible home loan rates as compared to the yesterday’s figures.
To start with, in the standard, long term loan section, the 30 year fixed rate mortgage home loans can be found listed against an interest rate of 4.500% and an annual percentage rate of 4.673% today. The relatively shorter, 15 year fixed rate mortgage home loan plans are now traded at an interest rate of 3.500% and an APR yield of 3.811% today. The interested customers can also spot the shortest, 10 year fixed rate mortgage home loan schemes published in the bank’s books at an interest price of 3.375% and an APR yield of 3.823% today.
The popular US based lender makes as attempt to deal with the expensive home financing needs of the potential home buyers by offering exclusive jumbo lending options. As of now, the potential home buyers will have to deal with an interest rate of 4.625% and an APR yield of 4.777% for securing 30 year jumbo fixed rate mortgage loans. The 15 year jumbo fixed rate mortgage loan packages are however, up for grabs at an interest rate of 3.750% and an APR yield of 4.008%.
The borrowers, who are troubled by their poor credit score, or are unable to deal with the exorbitant down payments, demanded by conventional home loan providers, can now opt for the 30 year FHA backed mortgage home loan deals, which are available for an interest price of 4.375% and an APR yield of 4.879%. The FHA insured 15 year fixed rate mortgage home loans can be now had at an interest rate of 4.000% and APR yield of 4.721%.
When it comes to adjustable rate mortgage home loans, the prospective borrowers can find the best 3 year variable rate home loan offerings being listed at a starting interest rate of 2.250% and an APR yield of 3.261% to begin with. The more flexible, 7 year adjustable rate mortgage home loan plans can now be seen quoted at a starting interest rate of 2.625% and an APR yield of 3.250% on the principal amount of home loan acquired 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.
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