This Wednesday, at US Bank Corp (NYSE: USB), the benchmark 30 year fixed mortgage interest rates didn’t experience any positive or negative change as compared to the figures quoted in the yesterday’s mortgage charts. As of now, the qualified home loan seekers can visit the local branches of US Bank Corp and secure the ideal new home purchase as well as refinancing home loan deals at the same interest rates.
As per the most up to date mortgage information quoted by the bank today, the standard, long term, 30 year fixed rate mortgage options are now traded at an interest rate of 4.500% and are backed by an annual percentage rate of 4.673%. As far as the short term home loan deals are concerned, the bank quotes its 15 year fixed rate mortgage home loans at an interest rate of 3.500% and an APR yield of 3.811%. The shortest, 10 year fixed rate mortgage home loans are now published at a lending rate of 3.375% and annual percentage yield of 3.823%.
The home buyers, who are planning on financing their expensive realty investments through US Bank Corp, can now secure the jumbo variants of its popular 30 year fixed rate mortgage loans by bearing an interest rate of 4.625% and an APR of 4.777%. For the seekers of shorter and less expensive home loan deals, 15 year jumbo fixed rate mortgage home loan plans would be perfect options at an interest rate of 3.750% and an APR yield of 4.008% today.
For potential home buyers, who find it difficult to secure conventional home loans due to poor credit score or inability to pay the heavy down payments, bank offers its FHA approved 30 year fixed rate mortgage loans at an interest rate of 4.375% and an APR yield of 4.879%. The relatively shorter, 15 year counterparts of the 30 year FHA fixed rate home loan deals can now be locked in at an interest rate of 4.000% and an APR yield of 4.565%.
When it comes to variable rate home loan deals, the mortgage shoppers can spot the best 3 year adjustable rate home loans being traded at a starting interest rate of 2.250% and an APR yield of 3.261% to start with. For the seekers of more flexible home loans, 5 year adjustable rate home loan options are listed at an interest price of 2.625% and 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.
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.