Mortgage rates had been holding near 3.00% for several months and have now popped back up a bit at big banks around the country.
30 year loan deals at Wells Fargo (NYSE:WFC) can be had for 3.500% and an APR of 3.834% today. The best 30 year FHA fixed rate mortgage interest rates have been offered at 3.250% at the bank yielding a bit higher APR than the conventional loan of 3.930%. The shorter term, popular 15 year loans can be had for 2.500% at the bank today with an APR of 2.982%.
5/1 ARM interest rates are being quoted at 2.000% at Wells Fargo yielding an APR of 3.041% at the beginning of the loan. 5 year FHA ARM interest rates start at 2.250% with a starting APR of 2.579%.
30 year refinance FRMs have been listed at 3.500% at Wells Fargo yielding an APR of 3.673%. The lower FHA 30 year refinance interest rates have been listed at 3.250% at the bank yielding an APR of 4.274% today. The best 30 year refinance jumbo loan interest rates can be had for 3.875% today with an APR of 4.004%.
Large (in eligible areas) 30 year refinance loan interest rates are on the books at 3.625% with an APR of 3.753%.
Large (in eligible areas) 30 year FHA refinance loan interest rates are published at 3.375% and APR of 4.359%.
Shorter term, popular 15 year refi loan interest rates are coming out at 2.750% and an APR of 3.056% today. The 5/1 ARM loans at Wells are available starting at 2.250%. and the APR is 2.990%. The 5 year refi FHA ARM loans are being offered for 2.250% showing an APR of 2.900%. The 5/1 refi Jumbo ARMS have been quoted at 2.625% and APR of 3.075%. Large 30 year refi ARM loans are listed at 2.500% and APR of 3.032%.