The best 30 year fixed rate mortgage interest rates are on the books at 4.500% at Wells Fargo (NYSE:WFC) today carrying an APR of 4.758%. The best 30 year FHA loan interest rates have been listed at 4.250% at the bank with a bit higher APR of 5.486%. 15 year FRMs are on the books at 3.750% with an APR of 4.091%.
The 5/1 ARMS at Wells Fargo are available starting at 3.375% and an APR of 3.195%. ARMs and their APRs change as interest rates move up and down. 5/1 FHA ARMs are being offered for 3.000% with an APR of 3.601%.
Interest Rates for Refinance
30 year refinance loan interest rates are being offered for 4.375% at Wells Fargo today yielding an APR of 4.46%. The best 30 year refinance FHA fixed rate mortgage interest rates stand at 4.25% today and an APR of 5.837%. 30 year refinance jumbo fixed rate mortgage interest rates are available starting at 4.25% carrying an APR of 4.278% today.
Large (in eligible areas) 30 year refinance FRM interest rates start at 4.375% yielding an APR of 4.417%.
Large (in eligible areas) 30 year FHA refinance fixed rate loans can be had for 4.25% with an APR of 5.788%.
Shorter term 15 year refi fixed rate loans are being offered for 3.625% at the bank today carrying an APR of 3.772%. 5 year refi ARMs are listed at 3.125% at Wells Fargo. with an APR of 2.957% to start. As far as refi FHA ARMs go, 5 year loans are published at 3.125% with a starting APR of 3.91%. Refi Jumbo ARM interest rates in the 5 year category are coming out at 2.875% with a starting APR of 2.819%. Large 30 year refi ARM loans have been listed at 3.375% carrying an APR of 3.005%.
Interest rates sometimes move with mortgage financial instruments that roughly follow motions in the stock market. The stock market lost ground by the end of trading today leaving the DJIA at 15,337.70.
For today the bank tracked with the stock market. Drilling down a bit, Wells Fargo’s own stock increased to 43.06 up +0.07.