While many lenders are quoting mortgage rates of 3.50% or higher US Bank is still offering very competitive loans today.
The best 30 year FRMs at US Bankcorp (NYSE:USB) start at 3.375% and an APR of 3.598%. The best 30 year FHA FRMs at the bank are published at 3.500% with an APR of 4.053%. The typically higher interest jumbo 30 year mortgage interest rates have been published at 3.750% at the bank and an APR of 3.894% which is of course a bit higher than the non-jumbo loans.
VA 30 year interest rates are being offered for 3.750% carrying an APR of 4.081%.
Shorter term 15 year loans have been published at 2.500% today with an APR of 2.875%.
15 year FHA loans stand at 2.750% today carrying an APR of 3.286%. 15 year Jumbo loans have been published at 2.875% carrying an APR of 3.126%. The VA 15 year FRMs have been listed at 2.875% with an APR of 3.450%. 10 year FRMs have been published at 2.375% at the bank with an APR of 2.920% today. The 3 year ARM deals have been quoted at 3.125% currently yielding an APR of 3.475% to start. 5 year ARM interest rates at US Bankcorp are listed at 2.750% carrying an APR of 3.296% to start.