The best 30 year fixed rate mortgage interest rates are on the books at 4.000% at Wells Fargo (NYSE:WFC) today yielding an APR of 4.050%. 30 year FHA fixed rate loans at the bank are available starting at 5.125% carrying an APR of 6.176%. The shorter term 15 year loans have been quoted at 4.000% today and an APR of 4.295%.
As far as ARMs go, 5 year interest rates at Wells stand at 3.500% and APR of 3.588%. The 5 year FHA ARM interest rates have been quoted at 3.875% yielding an APR of 4.067%.
Current Refinance Mortgage Rates
30 year refinance loan interest rates at Wells are being quoted at 4.000% carrying an APR of 4.050% today. The best 30 year refinance FHA fixed rate mortgage interest rates at the bank are available starting at 5.125% carrying an APR of 6.176% today. The jumbo options for the 30 year refinance loans at the bank are listed at 3.875% and APR of 3.977% today.
Large (in eligible areas) 30 year FHA refinance FRMs are coming out at 4.125% with an APR of 4.132%.
The short term 15 year refi fixed rate loan interest rates have been offered at 4.000% with an APR of 4.067%. 5/1 refi FHA ARM interest rates are being offered for 3.875% carrying an APR of 4.067%. The 7 year refinance Adjustable Rate Mortgages have been quoted at 3.500% today with an APR of 3.588%.
Related to the market discussion, Wells’s stock price gained ground to 54.54 up +0.48.