30 year fixed rate mortgages at US Bankcorp (NYSE:USB) have been quoted at 3.500% carrying an APR of 3.725% today. The best 30 year FHA loan interest rates are on the books at 3.500% at the bank and an APR of 4.053%. The jumbo 30 year loans at the bank are on the books at 3.500% and an APR of 3.725% which is of course a bit higher than the non-jumbo loans.
Shorter term 15 year fixed rate mortgage interest rates stand at 2.625% at the bank and APR of 3.020%.
The FHA 15 year FRMs start at 2.750% today yielding an APR of 3.433%. 15 year Jumbo loan interest rates are on the books at 2.625% with an APR of 3.020% today. 10 year FRM interest rates are coming out at 2.500% at the bank with an APR of 3.072% today. The 3 year Adjustable Rate Mortgages are being quoted at 2.625% today with an APR of 3.442%. The 5/1 ARM interest rates at US Bankcorp start at 2.500% yielding an APR of 3.287% at present.