Monday Morning Mortgage Rates: Best Deals from Wells Fargo
With the new week well and truly underway, Wells Fargo (NYSE:WFC) is among many lender offering popular mortgage package at rates edging ever closer toward the all-time record lows seen during early October. As it stands, those looking to invest in a home purchase or refinance loan today stand to benefit from extraordinary value for money, the likes of which is quite incredibly rare across the board.
For those looking into new or used home purchase with Wells Fargo today, the standard 30 year fixed rate loan package can be taken out for 4.125% and APR of 4.307%, while the 15 year fixed rate purchase package on the other hand is now at 3.375% and APR of 3.691%. 30 year Jumbo loans can be taken out for 4.500% and APR of 4.634%, while the 30 year fixed rate FHA loan is at 4.000% and APR of 4.978%.
For home purchase, the 5/1 ARM is now at 2.625% to begin and APR of 3.204% variable, while the FHA 5/1 ARM is now beginning at 3.125% and APR of 3.174% variable.
Looking now at the better refinance options, the standard 30 year fixed rate package can be taken home for 4.250% and APR of 4.639%, while the 15 year package is at 3.375% and APR of 3.893%.
Adjustable refinance terms today include the 5/1 ARM at a starting rate of 2.875% and APR of 3.464% variable, while the FHA 5/1 refinance ARM is at 3.125% to begin and APR of 2.873% variable.
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