Daily Mortgage Rates Summary at US Bank Corp – September 9, 2014

Daily Mortgage Rates Summary at US Bank Corp - September 9, 2014Choosing to move along the same pathway, the popular American mortgage provider, US Bank Corp (NYSE: USB), decided to make no positive or negative changes to its benchmark 30 year fixed mortgage interest rates on September 9, 2014. As per the most recent mortgage rate charts issued by the lender this Tuesday, the ideal home purchase loans can be seen listed at the same lending rates as yesterday.

To start with, in the standard, long term home loan division, the bank quotes its 30 year fixed mortgage interest rates at an interest rate of 4.500% and an annual percentage rate of 4.673% today. In the short term home loan section, the bank trades its 15 year fixed rate mortgage options at an interest rate of 3.500% and an APR yield of 3.811%. The interested customers can also spot the shortest, 10 year fixed rate mortgage home loan plans being listed in the banks books at an interest rate of 3.375% and an APR yield of 3.823% this Tuesday.

The potential mortgage shoppers, who are facing issues in securing conventional home loans due to their poor credit score of the past, or inability to service heavy down payments, can acquire the FHA backed 30 year fixed rate mortgage home loans by bearing an interest cost of 4.375% and an APR yield of 4.879%. The relatively shorter, 15 year FHA fixed rate mortgage loans can now be secured at an interest rate of 4.000% and an APR yield of 4.565% today.

For the borrowers with exclusive mortgage requirements, the bank offers jumbo versions of its popular 30 year fixed rate mortgage deals at an interest rate of 4.625% and an APR yield of 4.777%. The relatively shorter, 15 year counterparts of the 30 year jumbo fixed rate mortgage home loan deals can be secured at an interest price of 3.750% and an APR yield of 4.008%.

As far as the adjustable rate mortgage loans are concerned, the best 3 year flexible home loan packages can be seen traded at a starting interest rate 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 home loans are now up for grabs at a lending rate of 2.625% and 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.

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About the author

Rob is a analyst and reporter covering stocks and business news.