The best 30 year loan interest rates start at 4.500% at US Bankcorp (NYSE:USB) carrying an APR of 4.673% today. The typically lower FHA 30 year loans are published at 4.375% with a bit higher APR of 4.879%. The higher interest jumbo 30 year mortgage interest rates are coming out at 4.625% and an APR of 4.777%.
VA 30 year mortgage interest rates are published at 4.500% carrying an APR of 4.846%.
Shorter term 15 year loan deals are 3.500% and APR of 3.811%.
15 year FHA fixed rate loan interest rates have been offered at 4.000% today carrying an APR of 4.565%. The Jumbo 15 year interest rates have been quoted at 3.750% with an APR of 4.008%. 15 year VA loan interest rates are 4.000% and an APR of 4.721%. 10 year loan deals at the bank start at 3.375% and an APR of 3.823%. ARMs in the 3 year category are 2.250% with a starting APR of 3.261%. In the ARM arena, 5 year deals at US Bankcorp are coming out at 2.625% carrying an APR of 3.250%.
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Refinance interest rates usually vary with loan packages traded by banks as securities that usually move with the stock market. Overall markets fell by the end of trading putting the DJAI at 15,337.70.
Interest rates at the bank followed the days market results. Independent of mortgage rates, the banks stock price improved to 36.95 up +0.49%.