No huge changes to report this morning by way of mortgage interest rates at Citi, SunTrust and US Bank – here’s an overview of what’s being advertised for April 8:
US Bank’s Latest home Purchase Loans
Standard 30 year loan interest rates are being quoted at 4.500% at US Bankcorp (NYSE:USB) carrying an APR of 4.673%. The best 30 year FHA loans have been offered at 4.375% carrying an APR of 4.879%. The typically higher interest jumbo 30 year loans stand at 4.625% and an APR of 4.777% which is of course a bit higher than the non-jumbo loans.
The VA 30 year interest rates are 4.500% with an APR of 4.846%.
The short term 15 year FRM interest rates can be had for 3.500% today with an APR of 3.811%.
15 year FHA FRM interest rates stand at 4.000% and an APR of 4.565%. 15 year Jumbo fixed rate mortgages are listed at 3.750% and an APR of 4.008% today. 15 year VA loan deals are coming out at 4.000% carrying an APR of 4.721%. 10 year FRM interest rates have been quoted at 3.375% at the bank and APR of 3.823% today. The 3 year ARMs are listed at 2.250% currently and an APR of 3.261%. 5 year ARM loans have been listed at 2.625% at US Bank yielding an APR of 3.250% at present.