How to read our rates

The mortgage rates shown assume a few basic things, including:

  • You have very good credit (a FICO® Score of 740+) and a specific down payment amount for your loan type.1
  • Your loan is for a single-family home as your primary residence.
  • You will purchase up to one mortgage discount point in exchange for a lower interest rate. Connect with a mortgage loan officer to learn more about mortgage points.

Check out the mortgage rates charts below to find 30-year and 15-year mortgage rates for our different mortgage loan offers. If you decide not to purchase mortgage discount points at closing, your interest rate may be higher than the rates shown here. To learn more about rates and to see what you may qualify for, contact a mortgage loan officer.

Conventional fixed-rate mortgages

See a conforming fixed-rate estimated monthly payment and APR example.2

This table shows rates for conventional fixed-rate mortgages through U.S. Bank.
Term 30-year fixed
Rate
APR
Points
Term 20-year fixed
Rate
APR
Points
Term 15-year fixed
Rate
APR
Points
Term 10-year fixed
Rate
APR
Points
This table shows rates for conventional fixed-rate mortgages through U.S. Bank.
Term Rate APR
Points
30-year fixed
20-year fixed
15-year fixed
10-year fixed

Jumbo adjustable-rate mortgages

See an ARM estimated monthly payment and APR example.3

This table shows rates for adjustable-rate mortgages through U.S. Bank.
Term 10-year ARM
Rate
APR
Points
Term 7-year ARM
Rate
APR
Points
Term 5-year ARM
Rate
APR
Points
This table shows rates for adjustable-rate mortgages through U.S. Bank.
Term Rate APR
Points
10-year ARM
7-year ARM
5-year ARM

FHA mortgages

See an FHA estimated monthly payment and APR example.4

This table shows rates for FHA mortgages through U.S. Bank.
Term 30-year fixed - FHA
Rate
APR
Points
This table shows rates for FHA mortgages through U.S. Bank.
Term Rate APR
Points
30-year fixed - FHA

VA mortgages

See a VA estimated monthly payment and APR example.5

This table shows rates for VA mortgages through U.S. Bank.
Term 30-year fixed - VA
Rate
APR
Points
This table shows rates for VA mortgages through U.S. Bank.
Term Rate APR
Points
30-year fixed - VA

Jumbo mortgages

See a jumbo estimated monthly payment and APR example.6

This table shows rates for jumbo mortgages through U.S. Bank.
Term 30-year fixed - jumbo
Rate
APR
Points
Term 20-year fixed - jumbo
Rate
APR
Points
Term 15-year fixed - jumbo
Rate
APR
Points
This table shows rates for jumbo mortgages through U.S. Bank.
Term Rate APR
Points
30-year fixed - jumbo
20-year fixed - jumbo
15-year fixed - jumbo

Contact us now to lock in your rate.

Our trusted mortgage loan officers will work with you to meet your lending needs. U.S. Bank offers competitive products and a proven stability that's backed by industry-leading financial metrics.

Find a mortgage loan officer

Mortgage interest rates vs. APR

The Annual Percentage Rate (APR) represents the true yearly cost of your loan. It includes the actual interest you pay to the lender, plus any fees or costs. That’s why a mortgage APR is typically higher than the interest rate – and why it’s such an important number when comparing loan offers.

Learn more about APR and interest rates