The benchmark 30 year fixed mortgage interest rates remained unchanged on September 23, 2014. This Tuesday, as per the most recent mortgage charts released by the bank, the standard home purchase as well as refinancing deals can be seen traded at the same interest rates as yesterday.
Today, the mortgage shoppers can spot the standard, long term, 30 year fixed rate mortgage home loan deals being traded at an interest rate of 4.250% and an annual percentage rate of 4.367%. In the short term home lending section, the potential home buyers can spot the 15 year fixed rate mortgage home loans being traded at an interest rate of 3.500% and an APR yield of 3.702% today.
In the flexible home loan section, the bank is now offering its best, 3 year adjustable rate mortgage home loan packages at a starting interest rate of 2.875% and an annual return rate of 2.884%. The 5 year adjustable rate mortgage home loan options can now be secured at an interest price of 3.375% and an APR yield of 3.075% during the initial years of the home loan period.
The potential home buyers, who are planning on securing ideal home loans at more flexible interest rates, can now secure the best 7 year adjustable rate mortgage home loan deals by bearing an interest rate of 3.500% and an APR yield of 3.206% to start with. The most flexible, 10 year adjustable rate mortgage options are now published in the bank’s books at an interest rate of 3.625% and an annual return rate of 3.396% on the principal amount of home loan taken from the bank.
In the refinancing home loan division, the interested customers can spot the popular 30 fixed rate mortgage home loan deals listed at an interest rate of 4.312% and an APR yield of 4.431%. In the shorter and less expensive home loan department, the 15 counterparts of the 30 year refinancing fixed rate mortgage loan deals can be seen traded at an interest rate of 3.562% and an APR yield of 3.767% this Tuesday.
Shifting sights towards the adjustable rate financing section, the borrowers can find the best 5 year refinancing flexible rate home loans sitting next to the same interest rate of 3.438% and an APR yield of 3.099% to begin with. The seekers of more flexible interest rates can now secure the 7 year refinancing adjustable rate mortgage home loan packages by bearing an interest rate of 3.562% and an APR yield of 3.237%.
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.