The benchmark 30 year fixed rate mortgage interest rates at Wells Fargo (NYSE:WFC) are coming out at 4.500% yielding an APR of 4.758%. The typically lower FHA 30 year mortgage interest rates stand at 4.250% and an APR of 5.486%. The shorter term, popular 15 year loan deals are available starting at 3.750% today yielding an APR of 4.091%.
5 year Adjustable Rate Mortgages at Wells Fargo can be had for 3.375% carrying an APR of 3.195%. 5 year FHA ARM interest rates have been quoted at 3.000% and the APR is 3.601%.
Mortgage Rates for Refinancing Your Home
30 year refinance FRMs are being offered for 4.375% at Wells Fargo and APR of 4.46%. 30 year refinance FHA FRM interest rates start at 4.25% at the bank today yielding an APR of 5.837%. The best 30 year refinance jumbo FRM interest rates at the bank have been offered at 4.25% with an APR of 4.278%.
Large (in eligible areas) 30 year refinance FRMs have been published at 4.375% with an APR of 4.417%.
Large (in eligible areas) 30 year FHA refinance FRMs are coming out at 4.25% with an APR of 5.788%.
15 year refi loans at the bank have been offered at 3.625% carrying an APR of 3.772%. The 5 year refi ARM loans at Wells Fargo start at 3.125%. and the APR is 2.957%. refi FHA ARMs in the 5 year category can be had for 3.125% yielding an APR of 3.91%. Refi Jumbo ARM interest rates in the 5 year category are available starting at 2.875% showing an APR of 2.819%. Large 30 year refi ARM loans can be had for 3.375% with an APR of 3.005%.
Related Financial News
The rates published for mortgages often change as a result of mortgage financial instrument prices that are in concert with stock market movements. Wall street fell today putting the DOW at 15,337.70 up -0.73%.
Mortgages at Wells Fargo did not defy the stock market direction. Drilling down a bit, this particular bank’s stock price moved higher to 43.06 up +0.07.