The benchmark 30 year fixed rate mortgages at US Bankcorp (NYSE:USB) are on the books at 3.250% and an APR of 3.472%.
This is a bit better than Wells Fargo and Bank of America who are both posting 3.375% for the same loan as of end of day yesterday.
The best 30 year FHA fixed rate loan interest rates have been published at 3.375% yielding a bit higher APR than the conventional loan of 3.921%. 30 year jumbo loan interest rates stand at 3.750% with an APR of 3.894%.
VA 30 year fixed rate mortgages are coming out at 3.750% and APR of 4.081%.
Shorter term, popular 15 year fixed rate mortgages at the bank are published at 2.500% today carrying an APR of 2.821%.
The FHA version of the 15 year fixed rate mortgages are being quoted at 2.750% yielding an APR of 3.286% today. 15 year Jumbo loan interest rates are being quoted at 2.875% carrying an APR of 3.126%. The VA 15 year loans are on the books at 2.750% yielding an APR of 3.323%. 10 year loan deals at the bank are on the books at 2.375% with an APR of 2.946%. The 3/1 ARM loans are being offered for 3.000% today with a starting APR of 3.543%. In the ARM arena, 5 year loans at US Bankcorp are being offered for 2.625% with a starting APR of 3.332%.