Not unlike the majority of mortgage lenders yesterday, the best 30 year fixed rate mortgages moved up to 3.625% at Wells Fargo (NYSE:WFC) carrying an APR of 3.963% today. 30 year FHA fixed rate loans stand at 3.250% with a bit higher APR of 3.930%. The shorter term 15 year FRMs are 2.750% today carrying an APR of 3.239%.
ARM loans in the 5 year category at Wells Fargo have been listed at 2.125% with an APR of 3.004% to start. 5/1 FHA ARM loans are published at 2.250% with an APR of 2.579% to start.
30 year refinance loan interest rates at Wells Fargo have been published at 3.625% and an APR of 3.799% today. The best 30 year refinance FHA fixed rate loans are available starting at 3.625% at the bank carrying an APR of 4.686%. 30 year refinance jumbo fixed rate mortgage interest rates at the bank start at 4.000% today and an APR of 4.130%.
Large (in eligible areas) 30 year refinance loan deals have been listed at 3.750% carrying an APR of 3.878%.
Large (in eligible areas) 30 year FHA refinance loans are being quoted at 3.750% yielding an APR of 4.775%.
The short term, popular 15 year refinance fixed rate loans at the bank have been offered at 2.875% yielding an APR of 3.182%. In the ARM arena, 5 year refinance loans at Wells Fargo are coming out at 2.375%. with an APR of 2.951%. The 5/1 refi Adjustable Rate Mortgage interest rates stand at 2.250% yielding an APR of 2.900%. 5 year refi Jumbo ARMs are coming out at 2.750% with an APR of 3.036%. Large 30 year refi ARMs have been listed at 2.625% carrying an APR of 2.993%.