US Bank Corp made no change to its Mortgage Interest Rates on January 24, 2014

US Bank Corp made no change to its Mortgage Interest Rates on January 24 2014US Bank Corp (NYSE: USB) managed to keep its benchmark 30 year fixed mortgage interest rates steady for yet another day on January 24, 2014. The eligible borrowers who are looking forward to have their new home purchase financing by US Bank Corp will find no absolute change in the lending rates this Friday.

As of now, the standard, long term, 30 year fixed rate mortgage home loan deals can be locked in by the interested customers at an interest charge of 4.500% and an annual percentage rate of 4.673%. On the other hand, in the short term lending division, the bank also offers the 15 year fixed rate mortgage deals at an interest cost of 3.500% and an APR yield of 3.811% today. The customers can also find the shortest, 10 year fixed rate home loan plans coming out at an interest rate of 3.375% and an APR yield of 3.823%.

The potential home buyers who are finding it difficult to secure a conventional home loan due to their poor credit score of the past or expensive down payment requirements can go for the FHA versions of the 30 year fixed rate mortgage deals coming out of US Bank Corp at an interest rate of 4.375% and carrying an APR yield of 4.879%. On the other hand, the 15 year FHA fixed rate home loan deals can be had at an interest cost of 4.000% and an APR yield of 4.565%.

In the expensive home purchase financing division, the mortgage borrowers with large home loan requirements can find the ideal 30 year jumbo fixed rate mortgage home loan packages being traded at a lending rate of 4.625% and carrying an APR yield of 4.777% today. However, the shorter, 15 year jumbo fixed rate mortgage plans can be had at an interest cost of 3.750% and an APR yield of 4.008%.

The VA versions of 30 year fixed rate home loan schemes are now up for grabs at an interest charge of 4.500% and an APR yield of 4.846% today. On the other hand, the short term, 15 year VA fixed rate home loan packages can be locked in at an interest rate of 4.000% and an APR yield of 4.846%.

As far as the adjustable rate mortgage home loan deals are concerned, the bank is now offering its 3 year loan options at a starting interest rate of 2.250% and an annual return of 3.261%. However, the 5 year adjustable rate mortgage deals can be acquired at an interest rate of 2.625% and an APR yield of 3.250% to begin 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.