30 year loan deals at Wells Fargo (NYSE:WFC) stand at 4.500% and APR of 4.563% today. The lower FHA 30 year mortgage interest rates are published at 4.375% and an APR of 5.394%. The jumbo version of the 30 year loans start at 3.625% and an APR of 3.398% a bit higher than the non-jumbo loans.
The short term 15 year loan interest rates have been published at 4.000% carrying an APR of 4.298% today.
As far as ARMs go, 5 year loans at Wells Fargo have been listed at 3.750% yielding an APR of 3.857% to start. FHA ARM interest rates in the 5 year category can be had for 3.875% and an APR of 4.001%.
Standard 30 year refinance fixed rate loan interest rates stand at 4.500% at Wells Fargo and an APR of 4.563% today. The best 30 year refinance FHA loans are on the books at 4.375% today with an APR of 5.394%. The jumbo 30 year refinance loans at the bank have been quoted at 3.750% today and an APR of 3.888%.
Large (in eligible areas) 30 year refinance loan interest rates have been offered at 3.625% with an APR of 3.398%.
The short term 15 year refinance loan interest rates are being quoted at 4.000% yielding an APR of 4.001%. The 5 year refi FHA ARM deals have been listed at 3.875% with an APR of 4.001%. The 7/1 ARM loans are coming out at 3.750% today with an APR of 3.857% to start.
Independent of mortgage rates, the banks stock price gained ground to 55.75 up +0.03.