Mortgage Home Loan Rates remain steady at US Bank Corp on December 20, 2013

Mortgage Home Loan Rates remain steady at US Bank Corp on December 20 2013Unlike several other mortgage lenders in the United States, US Bank Corp (NYSE: USB) did not make its home loan schemes unpleasant by suddenly increasing the home loan rates at the end of the week. As per the new rate sheets revealed on December 20, 2013, there has been no significant change in the benchmark 30 year fixed mortgage interest rates at the bank.

In the standard financing category, the US based lender publishes its long term, 30 year fixed rate mortgage loans at an interest charge of 4.500%, which is backed by an annual percentage yield of 4.673% today. However, the short term, 15 year fixed rate mortgage loans can be had at an interest rate of 3.500% and an APR yield of 3.811%. If these deals still seem expensive, then the shortest, 10 year fixed rate mortgage loans would seem to be an ideal choice at a lending rate of 3.375% and an APR yield of 3.823%.

For the borrowers, who are interested in financing their expensive home investment, the bank offers 30 year jumbo fixed rate mortgage loans against a lending charge of 4.625% and an annual percentage rate of 4.777%. In the short term lending division, the 15 year jumbo refinancing loans can be obtained at an interest rate of 3.750% and an APR yield of 4.008%.

The potential home buyers, who are troubled by their past credit scores, can now finance their dreams of owning a new home with the FHA approved 30 year fixed rate mortgage loans, which are now quoted at an interest rate of 4.375% and an APR yield of 4.879%. For those interested in taking a shorter route, the bank provides 15 year FHA insured fixed rate mortgage home loans against a lending cost of 4.000% and an APR yield of 4.565%.

The borrowers can also find VA versions of the 30 year fixed rate mortgage loans listed in the bank’s portfolio at an interest rate of 4.500% and an APR yield of 4.846%. The shorter, 15 year VA fixed rate mortgage home loan packages are up for grabs at a rate of 4.000% and an annual return of 4.721%.

As far as the adjustable rate mortgage loans go, the customers can find the 3 year deals quoted against a lending charge of 2.250% and carrying an annual return of 3.261%. In the 5 year financing section, the adjustable rate mortgage deals can be had by paying an interest cost of 2.625% and agreeing to an APR yield of 3.250%.

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.