Wells Fargo (NYSE:WFC) is still leading the market as a whole today, with some truly record-breaking home purchase and refinance mortgage rates – US Bank (NYSE:USB) is however a close second.
Wells Fargo (NYSE:WFC)
The best 30 year loan interest rates are coming out at 3.125% at Wells Fargo (NYSE:WFC) today yielding an APR of 3.448%. 30 year FHA fixed rate mortgages are coming out at 3.000% at the bank yielding a bit higher APR than the conventional loan of 3.657%. The short term, popular 15 year fixed rate loans at the bank start at 2.375% and an APR of 2.856% today.
In the ARM arena, 5 year deals are on the books at 1.875% at Wells Fargo yielding an APR of 2.998% at the beginning of the loan. The 5/1 FHA ARM deals are on the books at 2.250% showing an APR of 2.579%.
The best 30 year refinance fixed rate loan interest rates at Wells Fargo are on the books at 3.500% yielding an APR of 3.673%. 30 year refinance FHA fixed rate mortgages can be had for 3.250% with an APR of 4.274%. The jumbo version of the 30 year refinance loans at the bank stand at 3.750% with an APR of 3.878% today.
Large (in eligible areas) 30 year refinance loan interest rates are available starting at 3.625% yielding an APR of 3.753%.
Large (in eligible areas) 30 year FHA refinance fixed rate mortgage interest rates start at 3.250% and an APR of 4.224%.
The short term 15 year refi loan deals at the bank are coming out at 2.625% today carrying an APR of 2.930%. In the ARM arena, 5 year refinance loans at Wells Fargo start at 2.250%. with an APR of 2.990% to start. The 5/1 refi FHA ARM deals have been quoted at 2.250% and an APR of 2.900%. As far as refi Jumbo ARMs go, 5 year loans have been published at 2.625% and APR of 3.075%. Large 30 year refinance ARM loans have been quoted at 2.500% yielding an APR of 3.032%.
US Bank (NYSE:USB)
Standard 30 year FRM interest rates at US Bankcorp (NYSE:USB) are coming out at 3.250% carrying an APR of 3.472% today. The best 30 year FHA FRMs have been offered at 3.250% yielding a bit higher APR than the conventional loan of 3.791%. The best 30 year jumbo loan interest rates at the bank are listed at 3.625% yielding an APR of 3.768%.
15 year loans are listed at 2.500% today carrying an APR of 2.839%.
The FHA 15 year mortgage interest rates are listed at 2.750% today yielding an APR of 3.286%. The Jumbo 15 year FRMs are coming out at 2.750% today carrying an APR of 3.000%. The 3/1 Adjustable Rate Mortgage interest rates are being offered for 3.500% today yielding an APR of 3.657% to start. ARM loans in the 5 year category at US Bank start at 2.875% yielding an APR of 3.420% at present.