US Bank Corp’s Mortgage Home Loan Rates on May 2, 2014

US Bank Corp's Mortgage Home Loan Rates on May 2, 2014With the aim of offering stable mortgage options to the interested borrowers, the popular mortgage lender, US Bank Corp (NYSE: USB) is still offering the same benchmark 30 year fixed mortgage interest rates on May 2, 2014. The mortgage seekers, who are planning on paying the local home loan division of US Bank Corp a visit today, will find no change in the ideal fixed and flexible home loan rates in comparison to yesterday.

With regards to the standard, long term home loan offerings, the 30 year fixed rate mortgage home loan packages are now up for grabs at an interest price 4.500% and an annual percentage rate of 4.673%. On the contrary, the short term, 15 year fixed rate mortgage home loan plans are up for grabs at an interest rate of 3.500% and an APR yield of 3.811% this Friday.  The interested customers can also find the shortest, 10 year fixed rate mortgage home loan deals, published in the bank’s books at an interest price of 3.375% and an APR yield of 3.823% today.

For the mortgage shoppers, who are seeking ideal finances to back their expensive home purchase, US Bank Corp is offering jumbo versions of its popular 30 year fixed rate mortgage home loan plans at an interest rate of 4.625% and an APR yield of 4.777% this Friday. On the other hand, the relatively shorter, 15 year counterparts of the 30 year jumbo fixed rate mortgage home loan plans are up for grabs at an interest rate of 3.750% and an APR yield of 4.008% today.

For the potential home buyers,  who finding it difficult to secure standard home loan deals, the bank provides its FHA insured 30 fixed rate mortgage loans at an interest rate 4.375% and an APR yield of 4.879% this Friday. On the contrary, the short term, 15 year FHA insured fixed rate home loan schemes can be locked in at an interest rate of 4.000% and an APR yield of 4.565% today.

When it comes to the adjustable rate mortgage options, the best 3 year deals are listed in the bank’s books against a lending charge of 2.250% and an annual return rate of 3.261% to start with. For the seekers of more flexibility, the 5 year adjustable rate mortgage home loans would be an ideal pick at an interest rate of 2.625% and an APR yield of 3.250% this Friday.

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.

About the author

Rob is a analyst and reporter covering stocks and business news.