The benchmark 30 year fixed rate loan interest rates at Wells Fargo (NYSE:WFC) are coming out at 4.000% yielding an APR of 4.050%. The FHA options for the 30 year mortgages at the bank are coming out at 5.125% with an APR of 6.176%. 15 year loan deals are being offered for 4.000% at the bank and APR of 4.295% today.
ARM loans in the 5 year category at Wells are 3.500% yielding an APR of 3.588% at the beginning of the loan. 5/1 FHA Adjustable Rate Mortgages have been listed at 3.875% showing an APR of 4.067%.
How much is it to refinance?
The best 30 year refinance loans stand at 4.000% at Wells with an APR of 4.050% today. The lower FHA 30 year refinance mortgage loans are being quoted at 5.125% at the bank yielding an APR of 6.176%. 30 year refinance jumbo loan interest rates at the bank can be had for 3.875% today carrying an APR of 3.977%.
Large (in eligible areas) 30 year FHA refinance fixed rate mortgages have been offered at 4.125% with an APR of 4.132%.
The short term, popular 15 year refi fixed rate loan interest rates at the bank start at 4.000% today carrying an APR of 4.067%. 5 year refi FHA ARM loans are coming out at 3.875% and APR of 4.067%. 7 year refinance ARM loans are on the books at 3.500% today with an APR of 3.588%.
Independent of mortgage rates, the banks stock price rose to 54.54 up +0.48.
Standard 30 year loan interest rates can be had for 4.000% at Commerce Bank yielding an APR of 4.103% today. Shorter term, popular 15 year loan deals are published at 3.500% yielding an APR of 3.643%.
10 year loans at the bank are listed at 3.375% carrying an APR of 3.581% today. The best 20 year fixed rate loan interest rates have been quoted at 3.875% at the bank with an APR of 4.017%.
The 5 year Adjustable Rate Mortgages have been quoted at 3.125% at Commerce and an APR of 4.027%. ARMs and their APRs change as interest rates move up and down. 7 year ARM interest rates have been quoted at 3.375% currently with an APR of 4.003%.
Also in the market, this particular bank’s stock price increased to 56.77 up +0.53%.