With 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.
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.
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