The benchmark 30 year FRMs have been published at 4.000% at Wells Fargo (NYSE:WFC) with an APR of 4.050%. 30 year FHA fixed rate mortgage interest rates are published at 5.125% and APR of 6.176%. The shorter term 15 year fixed rate loan interest rates at the bank are on the books at 4.000% with an APR of 4.295%.
ARM loans in the 5 year category are available starting at 3.500% at Wells yielding an APR of 3.588% at the beginning of the loan. 5 year FHA ARM loans are coming out at 3.875% carrying an APR of 4.067%.
Best Available Refinance Mortgage Rates
Standard 30 year refinance loan deals at Wells are available starting at 4.000% and APR of 4.050%. The best 30 year refinance FHA fixed rate mortgages have been listed at 5.125% yielding an APR of 6.176%. The higher interest jumbo 30 year refinance mortgage loans are available starting at 3.875% and an APR of 3.977%.
Large (in eligible areas) 30 year FHA refinance FRM interest rates are available starting at 4.125% and APR of 4.132%.
The short term 15 year refinance loan interest rates at the bank are being quoted at 4.000% today yielding an APR of 4.067%. 5/1 refi FHA Adjustable Rate Mortgages are being offered for 3.875% showing an APR of 4.067%. The 7/1 ARMS start at 3.500% today with a starting APR of 3.588%.
Separately, the banks stock increased to 54.54 up +0.89%.