Mortgage rates at Wells Fargo (NYSE:WFC) are once again right at the top of the table in terms of incredible value for money, covering both home purchase and refinance arms of the business. Having led the pack for several weeks in a row now, Wells Fargo is becoming the lender of choice for those looking to lock in excellent home purchase and refinance deals while the rally of value continues.
Starting with home purchase mortgage rates and today sees Wells Fargo offering the standard 30 year fixed rate loan with an interest rate of 3.250% and an APR of 3.577%, while those opting for the 15 year variant can expect to pay 2.375% in interest and an APR of 2.856%.
For those taking out the FHA 30 year fixed rate purchase package, the interest rate is today at 3.000% and the APR at 3.657%.
By way of home purchase packages with adjustable rates of interest, the Wells Fargo 5/1 ARM is being advertised today as starting at 2.000% and carrying an APR of 3.041% variable, while the FHA 5/1 ARM represents superb value for money once again at 2.250% to start and APR of 2.579% variable.
Moving on to home refinance mortgage rates now and today sees Wells Fargo offering the 30 year fixed rate loan from as little as 3.625% and APR of 3.991%, while the 15 year variant continues its run of strength to come out at 2.750% and APR of 3.259%.
The FHA 30 year fixed rate refinance package is today on the cards for 3.250% and APR of 3.930%.
If looking to refinance with an adjustable rate loan, the Wells Fargo 5/1 ARM is being offered for 2.500% to begin and APR of 3.244% variable, while the FHA 5/1 ARM can be taken out for 2.250% to start and APR of 2.579% variable.