Current Mortgage Rates: Wells Fargo Purchase and Refinance Packages Remain Among Market Best
With a constant string of ups and downs making mortgage rates of late impossible to predict, Wells Fargo (NYSE:WFC) is thankfully among the major lenders continuing to offer rock solid value as the latter half of the week gets underway.
For those choosing today to look into new or used home purchase options, the standard 30 year fixed rate package can be taken out for 4.125% and APR of 4.307%, while the 15 year deal on the other hand can be locked in for as low as 3.375% and APR of 3.691%.
30 year fixed rate Jumbo purchase loans now come in at 4.500% and APR of 4.634%, while larger loan amounts in eligible areas can be taken out for 4.375% and APR of 4.508%.
Adjustable home purchase deals of interest include the 5/1 ARM with a starting rate of 2.500% and APR of 3.424% variable, while the FHA 5/1 ARM on the other hand now begins at 3.000% and carries APR of 3.113% variable.
Moving now on to the better refinance deals from Wells Fargo, the standard 30 year fixed rate package is being advertised for 4.250% and APR of 4.639%, while the 15 year alternative can be taken out and locked in for 3.375% and APR of 3.893%.
Adjustable refinance deals today include the 5/1 ARM with a starting rate of 2.750% and APR of 3.499% variable, while FHA 5/1 ARM refinances are being offered for 3.000% to begin and APR of 2.812% variable.
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