The benchmark 30 year fixed rate mortgage interest rates at US Bankcorp (NYSE:USB) are published at 3.625% and an APR of 3.810%. The FHA 30 year loans have been offered at 3.625% with a rather higher APR of 4.183%. The higher interest jumbo 30 year interest rates have been quoted at 3.500% and APR of 3.725%.
The shorter term 15 year fixed rate mortgage interest rates at the bank are being offered for 2.625% with an APR of 3.020% today.
The FHA 15 year loans are being quoted at 2.750% and an APR of 3.433%. 15 year Jumbo FRM interest rates are listed at 2.625% yielding an APR of 3.020%. 10 year FRM interest rates start at 2.500% with an APR of 3.046% today. The 3/1 ARM loans are on the books at 2.500% and the APR is 3.413%. As far as ARMs go, 5 year deals at US Bank have been offered at 2.500% yielding an APR of 3.287% to start.