The best 30 year fixed rate loan interest rates start at 4.000% at Wells Fargo (NYSE:WFC) today yielding an APR of 4.050%. The FHA options for the 30 year loans are coming out at 5.125% carrying an APR of 6.176%. The short term, popular 15 year fixed rate mortgage interest rates have been quoted at 3.875% today yielding an APR of 4.171%.
The 5/1 ARM interest rates have been published at 3.375% at Wells Fargo carrying an APR of 3.481%. The 5/1 FHA ARMS have been published at 3.875% yielding an APR of 4.046% to start.
Current Refinance Mortgage Rates
The benchmark 30 year refinance FRM interest rates at Wells Fargo are available starting at 4.000% with an APR of 4.050% today. The typically lower FHA 30 year refinance mortgage interest rates at the bank start at 5.125% and an APR of 6.176%. 30 year refinance jumbo FRM interest rates are being offered for 3.750% with an APR of 3.909% today.
Large (in eligible areas) 30 year FHA refinance FRM interest rates have been published at 4.125% carrying an APR of 4.132%.
15 year refinance fixed rate loans are on the books at 3.875% and an APR of 4.046%. In the refi FHA ARM arena, 5 year deals are published at 3.875% with an APR of 4.046%. The 7/1 Adjustable Rate Mortgages start at 3.375% currently yielding an APR of 3.481% to start.
Related to the market discussion, Wells Fargo’s own stock ticker weakened to 54.00 down -0.48%.