Home purchase mortgage rates at US Bank (NYSE:USB) and Wells Fargo (NYSE:WFC) have once again fallen to incredible market-leading lows, following a week of minor fluctuations in both directions.
30 year loan interest rates at US Bankcorp (NYSE:USB) can be had for 3.125% yielding an APR of 3.345%. The lower FHA 30 year mortgage interest rates at the bank start at 3.250% with a rather higher APR of 3.791%. The higher interest jumbo 30 year mortgage loans have been quoted at 3.250% at the bank with an APR of 3.472%.
30 year VA FRMs are 3.500% yielding an APR of 3.826%.
The shorter term, popular 15 year fixed rate mortgage interest rates at the bank have been published at 2.500% today yielding an APR of 2.857%.
15 year FHA loan deals are available starting at 2.750% with an APR of 3.433% today. The Jumbo version of the 15 year loans have been listed at 2.375% carrying an APR of 2.767% today. 15 year VA FRM interest rates are 2.875% and APR of 3.450%.
The 3 year ARM deals are being offered for 2.750% currently with an APR of 3.567% to start. As far as ARMs go, 5 year deals are on the books at 2.500% at US Bankcorp showing an APR of 3.368%.
30 year loan interest rates at Wells Fargo (NYSE:WFC) are coming out at 3.125% today with an APR of 3.448%. The lower FHA 30 year loans at the bank stand at 3.000% with an APR of 3.657%. 15 year loans at the bank have been published at 2.375% yielding an APR of 2.856%.
The 5 year ARM deals at Wells stand at 1.875% showing an APR of 2.998%. In the FHA ARM arena, 5 year deals have been listed at 2.250% yielding an APR of 2.663% to start.
Standard 30 year refinance fixed rate loan interest rates at Wells are listed at 3.500% carrying an APR of 3.673% today. The FHA version of the 30 year refinance loans are 3.250% and APR of 4.274%. The jumbo version of the 30 year refinance loans are being offered for 3.750% with an APR of 3.878% today.
Large (in eligible areas) 30 year refinance loans are coming out at 3.625% with an APR of 3.753%.
Large (in eligible areas) 30 year FHA refinance fixed rate mortgages are 3.250% carrying an APR of 4.224%.
The shorter term 15 year refinance FRMs are published at 2.625% at the bank and an APR of 2.930% today. 5/1 ARM loans are available starting at 2.250% at Wells yielding an APR of 2.990% to start. The 5 year refi FHA ARM loans have been offered at 2.250% yielding an APR of 2.983%.
As far as refi Jumbo ARMs go, 5 year interest rates are being quoted at 2.625% and APR of 3.075%. Large 30 year refinance ARMs are listed at 2.500% and APR of 3.032%.