Standard 30 year loan deals at Wells Fargo (NYSE:WFC) are on the books at 4.000% yielding an APR of 4.050%. The FHA options for the 30 year loans at the bank have been listed at 5.125% carrying an APR of 6.176%. The shorter term 15 year fixed rate mortgages at the bank can be had for 4.000% with an APR of 4.295%.
5 year ARM interest rates at Wells are being offered for 3.500% and APR of 3.588%. As far as FHA ARMs go, 5 year deals can be had for 3.875% and APR of 4.067%.
Mortgage Rates for Refinance
The benchmark 30 year refinance loan deals start at 4.000% at Wells yielding an APR of 4.050%. The best 30 year refinance FHA loan interest rates are 5.125% at the bank and APR of 6.176%. The best 30 year refinance jumbo fixed rate loans are on the books at 3.875% yielding an APR of 3.977% today.
Large (in eligible areas) 30 year FHA refinance FRMs have been published at 4.125% carrying an APR of 4.132%.
Popular 15 year refi loan interest rates are coming out at 4.000% today carrying an APR of 4.067%. The 5 year refi FHA ARMs are being offered for 3.875% and APR of 4.067%. 7/1 Adjustable Rate Mortgages are available starting at 3.500% and the APR is 3.588%.
Drilling down a bit, Wells’s stock price moved higher to 54.54 up +0.48.
30 year fixed rate loan interest rates at Chase Bank (NYSE:JPM) have been published at 3.750% and an APR of 3.915%. Popular 15 year fixed rate mortgage interest rates at the bank have been quoted at 3.125% and APR of 3.472% today.
5/1 ARM interest rates at Chase start at 3.250% with an APR of 3.605% to start. The 7/1 ARMS have been offered at 3.500% currently and APR of 3.684%.
Refinance Mortgage Rates
The benchmark 30 year refinance loan interest rates have been listed at 3.750% at Chase carrying an APR of 3.853% today. The short term, popular 15 year refi FRMs are being quoted at 3.000% at the bank today yielding an APR of 3.145%. The 5/1 ARM deals are coming out at 3.250% at Chase. carrying an APR of 3.493%. ARMs in the 7 year refi category can be had for 3.500% currently with a starting APR of 3.581%.
Drilling down a bit, Chase’s own stock lost ground to 98.98 down -0.04%.