US Bank: Home Purchase Mortgage Rates Among Lowest Ever Seen
US Bank (NYSE:USB) has enjoyed a considerable length of time at the very top of the proverbial pecking order of late when it comes to home purchase mortgage rates, offering packages with value and appeal above and beyond much of the competition. Indeed, this Tuesday appears to be no exception to the rule, with a truly exceptional catalogue available at some of the lowest levels seen since records began.
For those choosing today to lock in their ideal mortgage package, US Bank is offering the standard 30 year fixed rate contract for 3.875% and an APR of 4.063%, while the 15 year fixed rate deal on the other hand can be taken out for 3.125% and APR of 3.488%.
30 year fixed rate Jumbo loans can be taken out for 4.000% and APR of 4.221%, while the 30 year fixed rate FHA home purchase loan remains popular at 3.750% and APR of 4.315%.
With regard to the very best adjustable rate deals on offer today, the 5/1 ARM can be taken out starting at just 2.500% and APR of 3.448% variable, while the 3/1 ARM on the other hand now begins at 2.375% and APR of 3.577% variable.
As can clearly be seen, it would be pretty impossible to lose out by locking in any of the above rates right now, as there is always the distinct possibility that hikes could be approaching in the new future, as opposed to the widely predicted drops.
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