While Wells Fargo improved its mortgage rates yesterday, US Bank went in the opposite direction.
Standard 30 year FRMs at US Bankcorp (NYSE:USB) stand at 3.625% and an APR of 3.810% today. 30 year FHA FRMs at the bank are listed at 3.625% yielding a bit higher APR than the conventional loan of 4.183%. 30 year jumbo fixed rate mortgages at the bank are being quoted at 3.500% with an APR of 3.725%.
Shorter term, popular 15 year loan interest rates at the bank are published at 2.750% yielding an APR of 3.073% today.
15 year FHA FRM interest rates have been listed at 2.750% with an APR of 3.433%. The Jumbo 15 year mortgage interest rates have been offered at 2.625% and an APR of 3.020%. 10 year fixed rate loan interest rates have been quoted at 2.625% at the bank and an APR of 3.093%. The 3 year ARM loans have been quoted at 2.625% currently and the APR is 3.442%. ARM interest rates in the 5 year category at US Bankcorp are on the books at 2.500% carrying an APR of 3.287%.