This Thursday did not bring along any pleasant or unpleasant surprise for the customers of US Bank Corp (NYSE: USB), who are planning on acquiring ideal fixed or flexible home loan deals from the lender. In the most recent mortgage charts released by the bank on September 11, 2014, the potential home buyers will find no change in the benchmark 30 year fixed mortgage interest rates as compared to yesterday.
As of now, in the standard, long term home loan section, 30 year fixed rate mortgage loan products can be seen published at the same interest rate of 4.500% today and backed by the same annual percentage rate of 4.673% today. In the short term home loan section, the 15 year fixed rate mortgage plans can now be seen quoted next to a lending cost of 3.500% and an annual percentage yield of 3.811%. The bank also publishes the shortest, 10 year fixed rate mortgages in its home loan books at an interest rate of 3.375% and an annual percentage yield of 3.823%.
For the mortgage shoppers, who plan on having their expensive realty investment funded through US Bank Corp, 30 year jumbo fixed rate mortgage plans would be ideal pick at an interest rate of 4.625% and an APR yield of 4.777%. The short term, 15 year counterparts of the 30 year jumbo fixed rate mortgage home loans are now available at an interest rate of 3.750% and an APR yield of 4.008% today.
The potential home buyers, who are troubled by poor credit score, or cannot deal with the heavy down payment requirements, can now opt for the FHA versions of 30 year fixed rate mortgage schemes, which are currently traded at an impressive interest rate of 4.375% and an APR yield of 4.879%. The bank also provides the 15 year FHA fixed rate mortgage home loans at an interest rate of 4.000% and an annual return rate of 4.565% this Thursday.
To cater to the special, flexible financing needs of the borrowers, US Bank Corp is currently offering its best 3 year adjustable rate mortgage deals at a starting interest price of 2.250% and APR yield of 3.261% to start with. The more flexible, 5 year variable home loans can now be acquired by bearing an interest rate of 2.625% and an APR yield of 3.250% on the principal amount of home loan secured from the bank.
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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