Standard 30 year fixed rate loans are listed at 4.500% at US Bankcorp (NYSE:USB) with an APR of 4.673% today. The FHA options for the 30 year loans have been published at 4.375% with an APR of 4.879%. The higher interest jumbo 30 year mortgage interest rates can be had for 4.625% at the bank and an APR of 4.777% which is of course a bit higher than the non-jumbo loans.
The VA 30 year mortgage interest rates start at 4.500% carrying an APR of 4.846%.
The shorter term 15 year FRMs have been offered at 3.500% carrying an APR of 3.811%.
The FHA version of the 15 year mortgages which are easier to get into than the conventional mortgage start at 4.000% yielding an APR of 4.565% today. 15 year Jumbo FRM interest rates have been offered at 3.750% yielding an APR of 4.008% today. The VA 15 year loan deals have been published at 4.000% yielding an APR of 4.721%. 10 year fixed rate loans at the bank are available starting at 3.375% and an APR of 3.823% today. 3 year Adjustable Rate Mortgages are 2.250% currently showing an APR of 3.261%. As far as ARMs go, 5 year deals at US Bank have been offered at 2.625% with an APR of 3.250%.
Related Financial News
Published refinance rates are usually pressured by mortgage related bonds that sometimes move with the stock market. Stock markets waned by close of day today putting the DJAI at 15,337.70.
As expected the bank were in synch with Wall Streets direction. And now, US Bank’s own stock ticker gained ground to 36.95 up +0.49%.