No Change in the Mortgage Interest Rates Quoted by US Bank Corp on January 15, 2014

No Change in the Mortgage Interest Rates Quoted by US Bank Corp on January 15 2014US Bank Corp has always managed to do what its fellow mortgage lenders fail to do to impress the potential mortgage customers, and keeping its mortgage interest rates unchanged for a longer time period is one of them. The bank, today as well, made no change to its benchmark 30 year fixed mortgage interest rates, thereby maintaining a steady demand of the bank’s loan products in the market.

As of now, the standard 30 year fixed rate mortgage home loan deals are coming out at an interest rate of 4.500% and are accompanied by an APR yield of 4.673%. However, for acquiring the short term, 15 year fixed rate mortgage deals, the customer will have to pay an interest price equivalent to 3.500% and deal with an APR yield of 3.811%.

The customers troubled by past credit scores or the ones facing difficulties in dealing with the higher down payment requirements can pick the FHA approved 30 year fixed rate mortgage home loans, which carry an interest cost of 4.375% and an APR yield of 4.879%. On the other hand, the shorter, 15 year FHA FRM home loans can be had at an interest rate of 4.000% and an APR yield of 4.565% today.

For the mortgage shoppers who want to finance their pricey home purchase from US Bank Corp, the best 30 year jumbo FRM home loans will be an ideal pick at an interest rate of 4.625% and an annual return rate of 4.777%. The relatively shorter, 15 year jumbo fixed rate mortgage options are now coming out at an interest rate of 3.750% and an APR yield of 4.721%.

As far as the VA versions of 30 year fixed rate mortgages are concerned, the customers can acquire them at an interest price of 4.500% and an APR yield of 4.846% today. However, the short term, 15 year counterpart of the 30 year VA fixed rate mortgage home loan options can be locked in at an interest cost of 4.000% and an APR yield of 4.721%.

The mortgage shoppers, who are looking forward to enjoy some flexibility in terms of interest rates, can go for the best 3 year adjustable rate mortgage deals, which are now being traded at a starting rate of 2.250% and an APR yield of 3.261%. However, the more flexible, 5 year ARM home loan options can be obtained by those who are ready to bear an interest cost of 2.625% and are comfortable with 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.