The benchmark 30 year fixed rate mortgage interest rates at US Bankcorp (NYSE:USB) start at 3.625% carrying an APR of 3.820%. The FHA options for the 30 year mortgages are 3.750% carrying an APR of 4.228%. The jumbo 30 year loans can be had for 3.875% at the bank and an APR of 4.020% which is of course a bit higher than the non-jumbo loans.
The VA 30 year mortgage interest rates have been quoted at 3.750% carrying an APR of 4.081%.
The short term, popular 15 year FRMs start at 2.750% today carrying an APR of 3.109%.
15 year FHA FRMs have been quoted at 3.000% and an APR of 3.544%. 15 year Jumbo loans are being offered for 3.000% and an APR of 3.252% today. The VA 15 year mortgage interest rates are available starting at 3.125% and an APR of 3.704%. 10 year FRM interest rates are being offered for 2.625% at the bank carrying an APR of 3.172% today. 3/1 ARMs are available starting at 3.250% today and an APR of 3.503%. In the ARM arena, 5 year deals can be had for 2.875% at US Bankcorp yielding an APR of 3.339%.