Standard 30 year FRMs at Wells Fargo (NYSE:WFC) are on the books at 4.000% today and an APR of 4.050%. The best 30 year FHA loan interest rates start at 5.125% at the bank yielding a bit higher APR than the conventional loan of 6.176%. The short term, popular 15 year fixed rate mortgage interest rates at the bank have been quoted at 4.000% carrying an APR of 4.295% today.
The 5/1 ARM deals are being quoted at 3.500% at Wells with a starting APR of 3.588%. In the FHA ARM arena, 5 year interest rates are listed at 3.875% with an APR of 4.067%.
Interest Rates for Refinance
The benchmark 30 year refinance loan interest rates are published at 4.000% at Wells today carrying an APR of 4.050%. 30 year refinance FHA loan deals start at 5.125% yielding an APR of 6.176%. The best 30 year refinance jumbo FRMs are listed at 3.875% today with an APR of 3.977%.
Large (in eligible areas) 30 year FHA refinance loans stand at 4.125% carrying an APR of 4.132%.
The short term, popular 15 year refi fixed rate loan interest rates have been published at 4.000% today with an APR of 4.067%. The 5 year refi FHA ARM interest rates are published at 3.875% yielding an APR of 4.067%. 7/1 ARM loans stand at 3.500% currently with an APR of 3.588%.
Independent of mortgage rates, Wells’s own stock strengthened to 54.54 up +0.89%.
30 year loan deals at Commerce Bank start at 4.000% today yielding an APR of 4.103%. Popular 15 year FRM interest rates are coming out at 3.500% with an APR of 3.643% today.
10 year loan interest rates at the bank start at 3.375% today with an APR of 3.581%. The best 20 year fixed rate mortgage interest rates at the bank are listed at 3.875% today yielding an APR of 4.017%.
The 5 year ARM loans stand at 3.125% at Commerce with an APR of 4.027% to start. 7/1 ARMs have been published at 3.375% today with a starting APR of 4.003%.
More specifically, Commerce’s own stock price moved higher to 56.77 up +0.53%.