Mortgage Rates Today: Wells Fargo Offering Attractive Home Loan Packages
By taking into account all current domestic and international factors affecting US mortgage rates the recent run of value should by all rights have come to an end a long time ago, thought Wells Fargo (NYSE:WFC) is today once again delivering a message quite to the contrary. Instead of the predicted hikes suggested to take hold over recent days and weeks, the home purchase rates being offered by Wells Fargo and many other major US lenders have not only retained much of their value, but in some cases actually seen rates drop – prolonging a truly unmissable opportunity for buyers.
Looking at today in particular, Tuesday morning sees the standard 30 year fixed rate home purchase loan being offered for 4.125% and an APR figure of 4.307%, while the 15 year home purchase package can be taken on and locked in for 3.375% and APR of 3.691%.
Larger loans in certain areas are being advertised at a fixed rate over 30 years of 4.375% and APR of 4.508%, while the 30 year fixed rate Jumbo loan is being offered for 4.500% and APR of 4.634%.
Moving now on to some of the very best adjustable rate deals, today sees the 5/1 purchase ARM up for grabs at 2.500% to begin and APR of 3.160% variable, while the FHA 5/1 ARM on the other hand can be taken out for 3.250% and APR of 3.236% variable.
Needless to say, when combined with the current run of disappointing home prices across the US, the above rates add up to some incredible bargains to be had – assuming a deal is locked in before the inevitable increases finally come along and change the situation once and for all.
Related posts: