The benchmark 30 year loan interest rates at US Bankcorp (NYSE:USB) are published at 3.500% and an APR of 3.642%. The lower FHA 30 year mortgage loans start at 4.500% and APR of 5.101%. The best 30 year jumbo loan interest rates are published at 4.000% carrying an APR of 4.210%.
VA 30 year FRMs are 3.250% and an APR of 3.831%.
15 year fixed rate mortgages start at 3.500% and an APR of 3.811% today.
The FHA version of the 15 year mortgages which are easier to get into than the conventional mortgage are available starting at 3.875% and an APR of 3.985%. The Jumbo 15 year loans are available starting at 4.000% and an APR of 4.210%. The VA 15 year loans are available starting at 3.875% carrying an APR of 4.033%. 10 year FRMs are on the books at 3.250% at the bank and an APR of 3.831% today. 3 year ARMs are being offered for 4.875% today with a starting APR of 5.402%. 5/1 ARM interest rates are published at 3.750% at US Bankcorp yielding an APR of 4.312% to start.