The best 30 year FRMs at Wells Fargo (NYSE:WFC) have been offered at 4.000% today yielding an APR of 4.050%. 30 year FHA fixed rate loan interest rates are being offered for 5.125% yielding a bit higher APR than the conventional loan of 6.176%. The shorter term, popular 15 year fixed rate mortgage interest rates are being offered for 4.000% carrying an APR of 4.295%.
The 5 year ARM interest rates stand at 3.500% at Wells yielding an APR of 3.588% at present. FHA ARM interest rates in the 5 year category start at 3.875% and APR of 4.067%.
Standard 30 year refinance loan interest rates have been quoted at 4.000% at Wells and an APR of 4.050%. The typically lower FHA 30 year refinance mortgage interest rates are coming out at 5.125% and APR of 6.176% today. 30 year refinance jumbo FRM interest rates are listed at 3.875% at the bank and an APR of 3.977%.
Large (in eligible areas) 30 year FHA refinance FRMs have been published at 4.125% yielding an APR of 4.132%.
The shorter term, popular 15 year refi loan interest rates have been published at 4.000% and APR of 4.067%. refi FHA ARMs in the 5 year category are listed at 3.875% with an APR of 4.067%. 7 year refi Adjustable Rate Mortgages can be had for 3.500% today and APR of 3.588%.
Related to the market discussion, Wells’s own stock price improved to 54.54 up +0.89%.