Wells Fargo is the nation’s biggest mortgage lender and like the other big banks, raised mortgage rates today, erasing gains that had been made earlier in the month.
The benchmark 30 year loan interest rates at Wells Fargo (NYSE:WFC) are being offered for 3.500% today with an APR of 3.834%. The best 30 year FHA fixed rate loan interest rates at the bank are coming out at 3.250% yielding a bit higher APR than the conventional loan of 3.930%. The short term, popular 15 year fixed rate mortgages are published at 2.625% with an APR of 3.109%.
The 5 year ARMs start at 2.000% at Wells with an APR of 2.959%. 5 year FHA ARM interest rates are being quoted at 2.250% with a starting APR of 2.579%.
Standard 30 year refinance loan interest rates are published at 3.625% at Wells today and an APR of 3.799%. 30 year refinance FHA FRM interest rates are available starting at 3.250% and APR of 4.274% today. The best 30 year refinance jumbo fixed rate mortgages are published at 3.875% and APR of 4.004%.
Large (in eligible areas) 30 year refinance loan deals have been quoted at 3.750% with an APR of 3.878%.
Large (in eligible areas) 30 year FHA refinance fixed rate mortgages are 3.500% with an APR of 4.499%.
The shorter term 15 year refi fixed rate mortgage interest rates at the bank start at 2.750% carrying an APR of 3.056%. The 5 year refinance ARM interest rates stand at 2.250% at Wells. showing an APR of 2.908%. 5/1 refi FHA Adjustable Rate Mortgages are being quoted at 2.250% with an APR of 2.900%. The 5/1 refi Jumbo ARM interest rates are published at 2.625% and the APR is 2.993%. Large 30 year refinance ARM loan interest rates can be had for 2.500% and APR of 2.950%.