The benchmark 30 year loan interest rates are coming out at 3.875% at Wells Fargo (NYSE:WFC) carrying an APR of 3.935%. 30 year FHA loans have been published at 4.500% at the bank and an APR of 5.520%. The shorter term 15 year loan interest rates start at 3.750% today carrying an APR of 4.039%.
5 year Adjustable Rate Mortgages are available starting at 3.375% at Wells with a starting APR of 3.445% which will change as interest rates adjust. FHA ARMs in the 5 year category are on the books at 3.625% with an APR of 3.883%.
Refinance Mortgage Rates
30 year refinance loan interest rates are being offered for 3.875% at Wells with an APR of 3.935%. 30 year refinance FHA loans start at 4.500% yielding an APR of 5.520% today. The best 30 year refinance jumbo loans are coming out at 3.625% at the bank today yielding an APR of 3.775%.
Large (in eligible areas) 30 year FHA refinance loans are 4.000% with an APR of 4.007%.
Shorter term, popular 15 year refinance loan interest rates are coming out at 3.750% carrying an APR of 3.883%. As far as refi FHA ARMs go, 5 year deals are on the books at 3.625% with a starting APR of 3.883%. ARMs in the 7 year refi category are published at 3.375% today with an APR of 3.445%.
On the topic of stocks, this particular bank’s stock price moved ahead to 53.80 up +2.36%.