Wells Fargo (NYSE:WFC) and US Bank (NYSE:USB) have retained their leads at the very top of the market today with some of the most attractive home purchase mortgage rates to be found.
The best 30 year FRM interest rates at Wells Fargo (NYSE:WFC) have been quoted at 3.125% and an APR of 3.448%. The typically lower FHA 30 year mortgage interest rates are being quoted at 3.000% with a rather higher APR of 3.657%. The shorter term 15 year fixed rate loan interest rates are being offered for 2.375% and APR of 2.856% today.
The 5 year Adjustable Rate Mortgages are being offered for 1.875% at Wells with an APR of 2.998%. As far as FHA ARMs go, 5 year interest rates have been offered at 2.250% and APR of 2.579%.
The benchmark 30 year refinance FRMs at Wells are being offered for 3.500% with an APR of 3.673%. The FHA options for the 30 year refinance loans are on the books at 3.250% at the bank yielding an APR of 4.274%. The jumbo options for the 30 year refinance mortgages have been published at 3.750% with an APR of 3.878%.
Large (in eligible areas) 30 year refinance fixed rate loan interest rates are available starting at 3.625% and APR of 3.753%.
Large (in eligible areas) 30 year FHA refinance loan deals start at 3.375% and APR of 4.359%.
Shorter term, popular 15 year refi fixed rate loans at the bank have been quoted at 2.625% carrying an APR of 2.930%. 5/1 ARMs at Wells are available starting at 2.250%. with an APR of 2.990% to start. 5 year refi FHA Adjustable Rate Mortgages have been quoted at 2.250% and the APR is 2.900%.
The 5 year refi Jumbo Adjustable Rate Mortgages stand at 2.625% with a starting APR of 3.075%. Large 30 year refinance ARM loan deals are available starting at 2.500% and APR of 3.032%.
Standard 30 year fixed rate mortgage interest rates at US Bankcorp (NYSE:USB) start at 3.375% and an APR of 3.567% today.
The best 30 year FHA loan deals are 3.250% with a rather higher APR of 3.791%. The best 30 year jumbo FRM interest rates are listed at 3.625% and an APR of 3.768% a bit higher than the non-jumbo loans.
Popular 15 year fixed rate loans at the bank are coming out at 2.500% carrying an APR of 2.875%.
The FHA version of the 15 year loans are 2.750% carrying an APR of 3.286% today. 15 year Jumbo FRM interest rates have been offered at 2.750% and an APR of 3.000% today.
3 year ARM interest rates have been listed at 3.625% with a starting APR of 3.686%. 5 year ARM interest rates at US Bank are coming out at 2.875% with a starting APR of 3.420% which will change as interest rates adjust.