Current Wells Fargo Mortgage Rates: Impressive Home Purchase Loans
The vast majority of major US lenders are today offering a range of home purchase mortgage rates at some of the lowest levels in a generation, with Wells Fargo (NYSE:WFC) of course being no exception. Once again, those choosing to take the proverbial plunge today are guaranteed quite staggering value for money, though may find themselves rather spoilt for choice of options.
In the case of the most popular packages of all, Wells Fargo is today advertising the 30 year fixed rate mortgage for 4.250% and APR of 4.433%, while the shorter 15 year term can be locked in for 3.375% and APR of 3.691%.
Popular 30 year fixed rate Jumbo loans are today up for grabs at a rate of 4.500% and APR amounting to 4.634%, while certain larger loan amounts in eligible areas can be picked up for 4.375% and APR of 4.508%.
Adjustable rate home purchase packages are certainly no exception to the rule, with the standard 5/1 ARM today being offered for 2.625% and APR of 3.204% variable, while the FHA 5/1 ARM now begins at 3.125% and APR of 3.174% variable.
As can clearly be seen, when combined with some of the softest overall home values in years the above figures add up to some staggering value for money, though whether or not this proves enough to tempt significant numbers off the fence remains another matter altogether.
Related posts: