Today’s Mortgage Rates: Refinances at Wells Fargo Offering Huge Potential for Savings
Recent days and weeks have seen Wells Fargo (NYSE:WFC) offering some of the most abundant and attractive refinance deals of all major US lenders, with this week looking likely to bring more of the same. Once again, Monday morning sees Wells Fargo offering a range of excellent refinance packages and products, which have the potential to save current mortgage payers a small fortune on their current terms.
First looking at some of the better fixed rate deals of today, the standard 30 year refinance package can be locked in for 4.250% and an APR of 4.639%, while the shorter 15 year deal is up for grabs at 3.375% and APR of 3.893%.
The 30 year fixed rate FHA deal is also showing huge promise, at a rate of 4.000% and APR of 4.646%.
Moving now on to look at some of the better adjustable rate deals, the standard 5/1 ARM for refinances is up for grabs at a starting rate of 2.750% and APR of 3.417%, while the FHA 5/1 ARM can be taken home for an attractive 3.125% and an APR of 2.873% variable.
As is the case across the board today, the potential for savings is clearly huge for all willing to take the leap and invest in a valuable refinance package while the opportunity remains.
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