Current Mortgage Rates Today: Refinance Rates at Wells Fargo (NYSE:WFC) Remain Low
In general refinance mortgage rates at Wells Fargo (NYSE:WFC) remained firm coming to Tuesday, as the bank continues to attract potential borrowers with its exceptionally low loan packages.
In case of the best conforming loans at Wells Fargo, borrowers can obtain the 30-year FRM refinance deal today for as low as 3.875% and an APR variable of 4.054%. The 15-year fixed rate mortgage is being offered at a rate of 3.125% and carries an APR of 3.438%.
As it was mentioned before, the current mortgage rates are available for sometime now and remained firm coming to the new week, providing a good opportunity for potential borrowers to grab some incredible bargains.
US customers who are preferring more flexible mortgage loans, might consider the 5-year ARM package at Wells Fargo, as it can be locked in and taken out today at a rate 2.250% and an APR amounting to 3.156%.
Wells Fargo’s FHA mortgage rates look decent as well today. The 30-year fixed FHA can be picked up today for as low as 3.750% and an annual percentage rate of 4.705%.
Non-conforming loans, like the Jumbo packages retained their value coming to this week. The 30-year Jumbo loan could be secured today for as low as 4.125% and an APR of 4.256%.
Looking at other lenders’ mortgage rates, Wells Fargo faces some fierce competition nationwide. For instance, Bank of America (NYSE:BAC) advertises the 30-year FRM refinance package at a rate of 4.250% and an APR yielding to 4.414%.
The same deal is available at Chase (NYSE:JPM) today at a rate of 4.250% and an APR amounting to 4.345%, while the said 30-year fixed rate mortgage for refinance can be obtained at HSBC (NYSE:HBC) for as low as 4.125% and carries an APR of 4.261%.
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