Standard 30 year loan interest rates at Wells Fargo (NYSE:WFC) start at 4.000% and an APR of 4.050% today. The lower FHA 30 year interest rates at the bank start at 5.125% and an APR of 6.176%. Shorter term 15 year loan deals are being quoted at 4.000% at the bank today yielding an APR of 4.295%.
The 5/1 ARM deals are on the books at 3.500% at Wells and the APR is 3.588%. The 5/1 FHA ARM deals are being offered for 3.875% with a starting APR of 4.067%.
Refinance Mortgage Interest Rates
30 year refinance loan interest rates are being offered for 4.000% at Wells and APR of 4.050% today. The best 30 year refinance FHA fixed rate mortgages are being offered for 5.125% today and an APR of 6.176%. The jumbo options for the 30 year refinance loans at the bank are coming out at 3.875% and APR of 3.977%.
Large (in eligible areas) 30 year FHA refinance loan interest rates are 4.125% and an APR of 4.132%.
The shorter term 15 year refi fixed rate mortgage interest rates are on the books at 4.000% with an APR of 4.067% today. The 5/1 refi FHA ARM loans have been published at 3.875% with an APR of 4.067% to start. ARMs in the 7 year refi category start at 3.500% currently yielding an APR of 3.588%.
Drilling down a bit, the banks stock strengthened to 54.54 up +0.48.