Standard 30 year fixed rate loan interest rates at US Bankcorp (NYSE:USB) are listed at 4.500% today and an APR of 4.673%. The best 30 year FHA loan deals have been listed at 4.375% with an APR of 4.879%. 30 year jumbo loan interest rates are available starting at 4.625% at the bank yielding an APR of 4.777%.
VA 30 year loans are listed at 4.500% and an APR of 4.846%.
Shorter term, popular 15 year loan interest rates have been quoted at 3.500% at the bank with an APR of 3.811% today.
The FHA 15 year loans are 4.000% carrying an APR of 4.565%. 15 year Jumbo loan interest rates have been offered at 3.750% with an APR of 4.008%. 15 year VA FRMs are published at 4.000% and APR of 4.721%. 10 year loan interest rates are being offered for 3.375% at the bank and APR of 3.823%. 3/1 ARM interest rates are listed at 2.250% currently yielding an APR of 3.261% to start. As far as ARMs go, 5 year deals have been listed at 2.625% at US Bank and the APR is 3.250%.
Update on the Market and Stock performance
Mortgage interest rates are often affected by market traded MBS prices which track with the stock market. The stock market fell in trading today putting the DOW at 15,337.70 a decrease of -113.35.
Rates at the bank followed the DJIA. And now, the banks stock price moved higher to 36.95 up +0.49%.