This is an especially popular mortgage with buyers who plan to settle into their new homes for the long haul. U.S. Bank offers fixed-rate mortgages in 10, 15, 20 or 30-year terms. adjustable-rate mortgage: Also known as ARMs, these mortgages have an initial fixed interest rate for a period of three, five or 10 years.
Mortgage Rates at US Bank The best interest rate for a conforming 30-year mortgage at US Bank on Thursday is 3.750% with a 3.821% APR. A 15-year fixed-rate mortgage is published at 3.500% today with an APR of 3.597%.
US bank mortgage interest rates Home loan interest rates at U.S. Bank come in all shapes and sizes, from three-year ARMs to 30-year fixed FHA and 15-year fixed jumbo loans. Unlike with the bank’s checking and money market accounts, a larger loan doesn’t necessarily qualify you for better home loan rates.
The bank’s current mortgage rate for a 30 year fixed rate mortgage is 4.99 percent with mortgage discount points of 0.375 point. The bank’s mortgage rate is lower than the current average 30 year mortgage rate of 5.01 percent.
It’s possible one or two Fed officials, and maybe even three, could disagree with the central bank’s decision to. been due to a sharp drop in mortgage rates. Rates have since edged higher, but not.