30 year loan deals start at 4.500% at US Bankcorp (NYSE:USB) yielding an APR of 4.673% today. The best 30 year FHA fixed rate loans are on the books at 4.375% and an APR of 4.879%. 30 year jumbo FRM interest rates are 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 published at 4.500% and an APR of 4.846%.
The shorter term, popular 15 year loans have been listed at 3.500% with an APR of 3.811% today.
The FHA version of the 15 year fixed rate mortgages are on the books at 4.000% yielding an APR of 4.565% today. The Jumbo 15 year loan deals are published at 3.750% and an APR of 4.008% today. 15 year VA fixed rate loan interest rates have been offered at 4.000% yielding an APR of 4.721%. 10 year loan interest rates at the bank are available starting at 3.375% yielding an APR of 3.823%. ARM interest rates in the 3 year category have been offered at 2.250% currently with a starting APR of 3.261%. The 5 year Adjustable Rate Mortgages at US Bank start at 2.625% and an APR of 3.250%.
All the mortgage interest rates move up and down sometimes because of mortgage bonds and securities that are dependent on the stock market. Overall markets fell by the end of trading putting the DJAI at 15,337.70.
Rates at US Bank did not defy the DJIA. Specifically, the stock price of US Bank strengthened to 36.95 up +0.18.