US Bank Corp’s Mortgage Rates Unchanged on December 5, 2013

Today's US Bank Corp Mortgage Rates UnchangedThough the interest rates at several major American mortgage lenders have been creeping up and down for the past few days, US Bank Corp managed to hold on to its fortress and publish the same standard 30 year fixed mortgage interest rates on Thursday December 5, 2013.

The customers will be pleased to find that the best 30 year fixed rate mortgage loans are still quoted at the same interest rate of 4.500% and carry an annual percentage rate of 4.375%. The typical short term, 15 year fixed rate mortgage rates come with an interest rate of 3.500% and yield an APR of 3.811%. The bank also provides an even shorter, 10 year variant of the long term FRM deals at a lending charge of 3.375% and an APR yield of 3.823%.

Sometimes the borrowers might find it difficult to get the ideal loan due to a poor credit score in their past. US Bank Corp helps such borrowers by providing the FHA insured 30 year fixed mortgage home loans at a rate of 4.375% and a relatively higher APR yield of 4.879%. On the other hand, the shorter, 15 year FHA versions of FRM deals come listed at an interest rate of 4.000% and are accompanied by an APR yield of 4.565%.

In the jumbo category of its loan portfolio, the bank publishes 30 year jumbo fixed rate home loans against a lending charge of 4.625%, which carry an APR yield of 4.777%. The bank also offers shorter, 15 year versions of the 30 year jumbo FRM loans at an interest rate of 3.750% and an APR yield of 4.008%.

The interested customers can also find VA variants of the 30 year fixed rate mortgage loans listed in the bank’s portfolio at a rate of 4.500% and yielding an APR of 4.846%. For the seekers of short term financing options, the 15 year VA FRM deals would be a steal at an interest rate of 4.000% and an APR yield of 4.721%.

Heading towards the flexible financing arena, the potential mortgagors can find the best 3 year adjustable rate mortgage listed at a rate of 2.250% and carrying an annual percentage rate of 3.261%. On the other hand, the more flexible, 7 year adjustable rate home loans can be had by bearing an interest burden of 2.625%, along with an APR yield of 3.250% for the initial years of the loan period.

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.