The best 30 year FRMs at US Bankcorp (NYSE:USB) are listed at 4.500% today and an APR of 4.673%. 30 year FHA fixed rate loan interest rates have been quoted at 4.375% yielding a bit higher APR than the conventional loan of 4.879%. The higher interest jumbo 30 year interest rates at the bank are being offered for 4.625% yielding an APR of 4.777%.
30 year VA fixed rate loans have been quoted at 4.500% with an APR of 4.846%.
The short term, popular 15 year loan interest rates can be had for 3.500% today and an APR of 3.811%.
The FHA 15 year fixed rate mortgages have been published at 4.000% and APR of 4.565% today. 15 year Jumbo loan interest rates are being quoted at 3.750% yielding an APR of 4.008%. The VA 15 year FRMs are published at 4.000% carrying an APR of 4.721%. 10 year fixed rate loans at the bank stand at 3.375% carrying an APR of 3.823% today. The 3 year ARM interest rates have been listed at 2.250% today and the APR is 3.261%. The 5/1 ARMS have been published at 2.625% at US Bankcorp with an APR of 3.250%.
All the mortgage rates published often change with mortgage financial instrument prices which are dependent on the stock market. Stock markets declined by close of day today to leave the DOW at 15,337.70 up -0.73%.
This time US Bankcorp moved in the same direction as the days market results. Independent of mortgage rates, US Bankcorp’s own stock moved ahead to 36.95 up +0.18.