Home Loan Roundup – Latest Mortgage Interest Rates at US Bank Corp on January 27, 2014

This Monday did not bring along any immediate change in the benchmark 30 year fixed mortgage interest rates at US Bank Corp (NYSE: USB). Despite all the economic turmoil, the US based mortgage lender managed to keep its conventional home loan options trading at steady interest rates on January 27, 2014.

Mortgage shoppers, who intend on locking in the long term, 30 year standard fixed rate mortgage home loans, will have to pay an interest cost of 4.500% and agree to an annual percentage rate of 4.673% today. On the other hand, the seekers of short term lending options will have to pay a lending charge of 3.500% and agree to an APR yield of 3.811% for acquiring the 15 year fixed rate mortgage home loan packages. The mortgage borrowers can also find the best 10 year fixed rate mortgage home loan deals coming out from the bank at an interest rate of 3.375% and carrying an APR yield of 3.823%.

The borrowers, who are troubled by their poor credit score of their past or are finding it difficult make heavy down payments for acquiring conventional home loans, can go for the FHA approved 30 year fixed rate mortgages, which are now available against a lending price of 4.375% and an APR yield of 4.000%. The short term, 15 year FHA fixed rate mortgage home loan deals are trading at an interest rate of 4.000% and an APR yield of 4.565% today.

In the expensive home loan section, the customers can find the jumbo versions of the standard 30 year fixed rate mortgage home loan packages being traded at an interest rate of 4.625% and an APR yield of 4.777%. However, the relatively shorter, 15 year jumbo fixed rate mortgage home loans are carrying an interest rate of 3.750% and are accompanied by an APR yield of 4.008% today.

The 30 year VA fixed rate mortgage deals are up for grabs at a lending cost of 4.500% and an annual percentage rate of 4.846% this Monday. However, the short term, 15 year VA fixed rate mortgage loan schemes are now being advertised at an interest price of 4.000% and an APR yield of 4.721%.

In the flexible home loan division, the interested customers can find the best 3 year adjustable rate mortgage deals coming out at a starting rate of 2.250% and carrying an APR yield of 3.261% today. On the other hand, the more flexible, 7 year fixed rate mortgage home loan deals are now carrying an interest tag of 2.625% and an APR yield of 3.250% to start with. 

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.