Mortgage Rates Today: US Bank Among the Best for Wednesday Deals

October 05, 2011 / Russell Legato, Residential Property Analyst

Of all the major lenders operating in the US today, US Bank (NYSE:USB)  is among the best for securing an excellent mortgage product this Wednesday, with all rates in line with or perhaps in some cases even lower than national averages.

Mortgage Rates Today: US Bank Among the Best for Wednesday Deals

For those interested in the standard fixed term deals to lock in the rates at their current lows, 30 year fixed agreements can be taken out for as low as 3.750% with an APR of 3.926%, while the 15 year fixed alternative is now at 3.250% with an APR of 3.504%.

With regard to the variable terms on offer, the 5 year ARM is today being advertised with an introductory rate of 2.500% and an APR of 3.358%, while the 3 year ARM alternative can be taken out for 2.375% with a starting APR of 3.481%.

While the national average across standard mortgage rates for the US saw something of a rise today following the rates of yesterday, most packages are still hovering around their lowest levels seen in over 60 year and represent incredible value for those who act now.

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