Mortgages rates at US Bank Corp remain the same on November 20, 2013

Mortgages rates at US Bank Corp remain the sameFollowing yesterday’s trail, US Bank Corp (NYSE: USB) continues to publish the same, best 30 year fixed mortgage interest rates on Wednesday November 20, 2013. The benchmark 30 year fixed rate mortgage deals remain listed at the same rate of 4.500% and carry the same, unchanged ARP yield of 4.673%.

On the other hand, the short term, 15 year fixed rate mortgage loans are available against an interest charge of 3.500% and come along with an ARP yield of 3.811%. The bank also provides an even shorter option of 10 year fixed rate home financing at a rate of 3.375% and an APR yield of 3.823%.

For the borrowers looking for finding ideal financing options for their bigger needs, US Bank Corp includes the best 30 year Jumbo fixed rate mortgage deals in its portfolio at a rate of 4.625% and carry an APR yield of 4.777%. The short term, 15 year Jumbo fixed rate home loan options are published in the bank’s books at a rate of 3.750% and an APR yield of 4.008% for today.

The mortgagors facing difficulties in obtaining loans due to poor credit history can opt for the FHA backed 30 year FRM loans that are now listed at a rate of 4.375% and provide an APR yield of 4.879%. The 15 year counterpart of the 30 year FHA FRMs are also a part of the bank’s loan portfolio and come at a rate of 4.000% and carry an APR yield of 4.565%.

The VA versions of the 30 year FRMs are listed in the US Bank Corp books at a rate of 4.500% and are accompanied by 4.846%. US Bank Corp also provides 15 year version of the VA FRM loans at a rate of 4.000% and is backed by an APR yield of 4.721%.

In the more flexible, adjustable rate mortgage category, the bank chooses to help the borrowers by providing flexible 3 year ARM deals at a rate of 2.250% and an APR yield of 3.261%. However, the more flexible, 5 year adjustable rate mortgages are listed at a rate of 2.625% and come along with an APR yield of 3.250%.

Needless to say, the mortgage rates increase or decrease, depending upon the mortgage bonds and securities, which track the stock market movements. By the end of the day, the stock market plunged and closed at 15337.70 on the DJIA index chart. At least today, the mortgage rates followed the trail of DJIA index. Regardless of the mortgage rates, the stock prices rose up by +0.49% and touched a new mark of 36.95.

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.

About the author

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