US Bank (NYSE:USB) appears to be holding its own against fierce competition by offering some of the best home purchase mortgage rates on the market today, bettered only perhaps by PHH Mortgage.
Standard 30 year FRMs are available starting at 3.250% at US Bankcorp (NYSE:USB) carrying an APR of 3.441% today. The best 30 year FHA FRM interest rates stand at 3.250% yielding a bit higher APR than the conventional loan of 3.791%.
The best 30 year jumbo loan interest rates are published at 3.750% at the bank and APR of 3.894%.
30 year VA loan deals are available starting at 3.500% carrying an APR of 3.826%.
Shorter term 15 year loan interest rates are available starting at 2.500% at the bank today with an APR of 2.803%.
15 year FHA fixed rate mortgages stand at 2.750% and an APR of 3.433%. 15 year Jumbo fixed rate loan interest rates can be had for 2.750% and an APR of 3.000% today. 15 year VA fixed rate loans are published at 2.750% and an APR of 3.323%.
10 year fixed rate loan interest rates can be had for 2.375% today yielding an APR of 2.920%. ARM loans in the 3 year category stand at 3.375% currently and APR of 3.628%.
ARMs in the 5 year category at US Bank have been quoted at 2.875% with a starting APR of 3.420%.