Standard 30 year fixed rate loan interest rates at US Bankcorp (NYSE:USB) start at 4.500% and APR of 4.673% today. The best 30 year FHA fixed rate mortgage interest rates are coming out at 4.375% with an APR of 4.879%. The jumbo options for the 30 year loans at the bank have been offered at 4.625% and an APR of 4.777% which is of course a bit higher than the non-jumbo loans.
VA 30 year fixed rate mortgages are listed at 4.500% yielding an APR of 4.846%.
The shorter term 15 year fixed rate mortgage interest rates are 3.500% and APR of 3.811% today.
15 year FHA loan interest rates start at 4.000% carrying an APR of 4.565% today. 15 year Jumbo loan deals are listed at 3.750% yielding an APR of 4.008% today. 15 year VA FRM interest rates are 4.000% carrying an APR of 4.721%. 10 year fixed rate loan interest rates at the bank are coming out at 3.375% carrying an APR of 3.823%. 3 year ARM loans are available starting at 2.250% today and an APR of 3.261%. The 5/1 ARM interest rates are 2.625% at US Bank yielding an APR of 3.250%.
Financial Market News
Mortgage rates you see usually go up and down because of mortgages traded by banks in financial markets which are dependent on the stock market. Securities declined in today’s trading to leave the DJIA at 15,337.70 a decrease of -113.35.
Mortgage rates at the bank did not defy the DJIA. On the topic of stocks, this particular bank’s stock price strengthened to 36.95 up +0.18.