The best 30 year fixed rate mortgage interest rates are 4.500% at Wells Fargo (NYSE:WFC) carrying an APR of 4.758% today. 30 year FHA loans stand at 4.250% and an APR of 5.486%. The short term 15 year fixed rate mortgages start at 3.750% and an APR of 4.091% today.
The 5/1 ARM interest rates at Wells stand at 3.375% showing an APR of 3.195%. 5 year FHA Adjustable Rate Mortgages can be had for 3.125% with an APR of 3.659%.
30 year refinance fixed rate loans at Wells are on the books at 4.5% and an APR of 4.586%. The best 30 year refinance FHA FRM interest rates at the bank stand at 4.25% and an APR of 5.837%. 30 year refinance jumbo FRMs have been listed at 4.25% and an APR of 4.278%.
Large (in eligible areas) 30 year refinance fixed rate loan interest rates have been published at 4.5% carrying an APR of 4.543%.
Large (in eligible areas) 30 year FHA refinance loan deals stand at 4.25% carrying an APR of 5.788%.
Popular 15 year refi fixed rate mortgage interest rates are 3.625% and APR of 3.772%. The 5/1 ARM interest rates at Wells are being quoted at 3.25%. yielding an APR of 3.001% to start. The 5 year refi Adjustable Rate Mortgages stand at 3.25% and APR of 3.968%. As far as refi Jumbo ARMs go, 5 year loans are being offered for 2.875% with a starting APR of 2.819%. Large 30 year refi ARMs have been quoted at 3.5% and an APR of 3.048%.
Big bank mortgage rates often change because of market traded MBS prices which are dependent on the stock market. Stock markets went down by close of day today leaving the DJIA at 15,337.70 a decrease of -113.35.
Mortgages at Wells were in synch with the stock traders. Specifically, Wells’s own stock improved to 43.06 up +0.16%.