The benchmark 30 year loans at Wells Fargo (NYSE:WFC) stand at 3.250% and APR of 3.577% today. While this isn’t the lowest rate quoted today (that honor goes to US Bank at 3.125%), it is certainly low by historical standards and a great way to start the new year for a new home buyer.
The best 30 year FHA FRMs can be had for 3.125% at the bank with a bit higher APR of 3.793%. Shorter term, popular 15 year FRM interest rates can be had for 2.375% at the bank with an APR of 2.856% today.
ARM loans in the 5 year category at Wells Fargo stand at 1.875% and the APR is 2.998%. The 5/1 Adjustable Rate Mortgages are published at 2.250% and APR of 2.579%.
Standard 30 year refinance fixed rate loans at Wells Fargo are being offered for 3.500% carrying an APR of 3.673%. The typically lower FHA 30 year refinance loans are on the books at 3.250% at the bank today and an APR of 4.274%. The best 30 year refinance jumbo fixed rate mortgage interest rates have been quoted at 3.750% and APR of 3.878% today.
Large (in eligible areas) 30 year refinance loans have been offered at 3.625% carrying an APR of 3.753%.
Large (in eligible areas) 30 year FHA refinance FRMs are published at 3.250% and APR of 4.224%.
The shorter term, popular 15 year refi fixed rate loan interest rates have been offered at 2.625% at the bank and an APR of 2.930% today. 5 year refinance ARM loans are listed at 2.125% at Wells Fargo. with an APR of 2.947%. The 5/1 refi FHA ARMS stand at 2.250% carrying an APR of 2.900%. 5/1 refi Jumbo ARMs start at 2.625% yielding an APR of 3.075%. Large 30 year refinance ARM loans are being offered for 2.375% carrying an APR of 2.989%.