Mortgage Rates Today: US Bank Deals Still Leading the Pack
US Bank (NYSE:USB) has spent much of its time over recent weeks offering some of the very best value purchase packages of any of the major lenders operating today, with Tuesday being no exception to the rule.
Among the myriad of high quality packages on offer today, borrowers looking to purchase can take out the 30 year fixed term deal for as low as 3.875% with a resulting APR of 4.094%, while the popular 15 year fixed alternative term is now at just 3.250% and an APR amounting to 3.596%.
The FHA fixed term for 30 year purchases can be taken out for 3.875% and an APR of 4.445%, while the 15 year FHA loan is at 3.250% and a 3.946% APR.
Variable terms include the 5 year ARM which starts at 2.750% and an APR of 3.455%, while the 3 year ARM is today at 2.375% and a resulting APR of 3.481%.
Exactly how long the excellent rates being offered across the US can continue is indeed anybody’s guess, but with more minor rises occurring than reductions, it is expected that the rates will continue to move higher as the days and weeks go on.
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