Slight upticks in mortgage rates at US Bank (NYSE:USB) and Wells Fargo (NYSE:WFC) may have seen an end to record-lows, but both lenders are still right at the top of the market in terms of overall value for money across home purchase and refinance arms.
The benchmark 30 year loan interest rates are being offered for 3.250% at Wells Fargo (NYSE:WFC) and an APR of 3.577% today. The typically lower FHA 30 year loans at the bank stand at 3.000% with a bit higher APR of 3.657%. Shorter term, popular 15 year loan deals at the bank are coming out at 2.375% and APR of 2.856% today.
5 year ARM interest rates are published at 1.875% at Wells and an APR of 2.998%. ARMs and their APRs change as interest rates move up and down. The 5 year FHA ARM interest rates are listed at 2.250% and the APR is 2.663%.
Standard 30 year refinance fixed rate loans at Wells are being offered for 3.500% carrying an APR of 3.673%. The best 30 year refinance FHA fixed rate mortgages are on the books at 3.250% today yielding an APR of 4.274%. 30 year refinance jumbo loans are available starting at 3.750% today yielding an APR of 3.878%.
Large (in eligible areas) 30 year refinance fixed rate mortgage interest rates are coming out at 3.625% with an APR of 3.753%.
Large (in eligible areas) 30 year FHA refinance FRMs start at 3.375% and an APR of 4.359%.
The short term 15 year refinance fixed rate mortgage interest rates have been offered at 2.625% at the bank and APR of 2.930%. The 5 year refinance ARM loans are coming out at 2.125% at Wells showing an APR of 2.947%.
5 year refi FHA ARM interest rates have been offered at 2.250% carrying an APR of 2.983%. The 5 year refi Jumbo ARM interest rates are coming out at 2.625% and APR of 3.075%. Large 30 year refi ARMs have been offered at 2.500% yielding an APR of 3.032%.
30 year loans at US Bankcorp (NYSE:USB) are being quoted at 3.375% today carrying an APR of 3.557%. The best 30 year FHA fixed rate mortgages are available starting at 3.250% carrying an APR of 3.791%.
The typically higher interest jumbo 30 year mortgage interest rates start at 3.625% and an APR of 3.768% a bit higher than the non-jumbo loans.
The short term, popular 15 year fixed rate mortgages can be had for 2.500% and an APR of 2.875% today.
15 year FHA fixed rate mortgage interest rates stand at 2.750% and an APR of 3.286%. 15 year Jumbo loan interest rates start at 2.750% and an APR of 3.000%.
The 3 year ARM loans have been published at 3.375% today with an APR of 3.628%. In the ARM arena, 5 year interest rates are published at 2.875% at US Bankcorp with an APR of 3.420%.