Current Mortgage Rates: US Bank Home Purchase Deals Leading the Field Once Again
For those lucky enough to secure some of the very best home purchase mortgage rates being offered by US Bank (NYSE:USB) today, the resulting value could be some of the very highest seen in as long as a generation. With talk of all-time record lows dominating the industry once again this Monday morning, the stage is well and truly set for a week that may bring along mortgage rates at lows that none could ever have predicted.
In the case of the most attractive home purchase deals of all from US Bank today, the standard 30 year fixed rate home purchase package can be taken out for 3.750% and APR of 3.957%, while the 15 year purchase package on the other hand is now at 2.950% and APR of 3.348%.
Jumbo home purchase loans can be taken out over 30 years at a fixed rate of 3.875% and APR of 4.094%, while the fixed rate 30 year FHA home purchase loan is at 3.750% and APR of 4.315%.
Among the better adjustable terms today, the 5/1 ARM now begins at 2.375% and carries an APR of 3.577% variable, while the 3/1 ARM can be taking out starting at just 2.375% and APR of 3.404% variable.
Needless to say, when combined with ongoing low property prices across the US, the above figures add up to some serious value for money and golden opportunities for borrowers like never before.
Related posts: