Roundup of Current Mortgage Home Loan Rates at US Bank Corp on January 28, 2014

US Bank Corp (NYSE: USB) has always been at the forefront when it comes to keeping its home purchase and refinancing loan rates steady for the longest possible time. The potential home loan borrowers, who intend to drop by the local branch of US Bank Corp, will find no change in the benchmark 30 year fixed mortgage interest rates on January 28, 2014.

This Tuesday, the potential home buyers can acquire the standard, 30 year fixed rate long-term home loan plans at an interest rate of 4.500%, which hasn’t changed a bit from yesterday, and an annual percentage rate of 4.673%. However, the relatively shorter, 15 year fixed rate mortgage home loan packages are now being traded at an interest rate of 3.500% and are backed by an annual return of 3.811%. The borrowers can also spot the shortest, 10 year FRM home loans listed in the bank’s books at a rate of 3.375% and an APR yield of 3.823% today.

The borrowers, who are finding it difficult to acquire conventional home loans due to their poor credit score of the past or expensive down payment requirements imposed by the banks, can reap the benefits of FHA approved 30 year fixed rate mortgage loans, which are now available at an interest price of 4.375% and an APR yield of 4.879%. On the other hand, the short term, 15 year FHA fixed rate mortgage deals are up for grabs at a rate of 4.000% and an APR yield of 4.565% today.

For the mortgage shoppers seeking expensive home loan deals from the bank, the jumbo 30 year fixed rate mortgage home loans would be an ideal pick 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 coming out at an interest rate of 3.750% and an APR yield of 4.008% today.

The VA versions of 30 year fixed rate home loans are now published against a lending charge of 4.500% and are backed by an APR yield of 4.846%. Alternatively, the short term, 15 year VA variants of 30 year fixed rate mortgage deals can be had at an interest rate of 4.000% and an APR yield of 4.721% today.

In the flexible finance department, the bank is currently offering its 3 year adjustable rate mortgage loans at a starting rate of 2.250% and an APR yield of 3.261%. On the other hand, the more flexible, 5 year adjustable rate mortgage deals can be locked in at a rate 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.