Wells Fargo Current Mortgage Rates Today
Wells Fargo (NYSE:WFC) is today remaining in line with both national benchmarks and the other major lenders of the country by offering some of the very lowest mortgage rates to be seen for the last 60 years.
Those looking to purchase a home at the current rates can expect 30 year terms to attach an interest figure of 4.250% with a resulting APR of 4.433%, while 15 year terms on the other hand can be taken out for 3.250% with an APR of 3.565%.
The 5 year ARM option can be taken with a starting interest rate of 2.500%, while Jumbo 30 year fixed loans are today at 4.500%.
Those looking to Wells Fargo for refinance options can find deals today on 30year fixed terms being offered at 4.250% with a resulting APR of 4.639%, while 15 year refinance terms can be taken for 3.250% with an APR of 3.766%.
The 5 year ARM for refinance deals can today be secured with a starting rate of 2.750%.
Most of the major lenders across the US have over the past few months been simply inundated with a boom in the level of refinance applications, in some cases finding themselves fully unable to meet the demand. However, regardless of the fact that rates across the board continue to tumble, new purchase activity is still dwindling at dangerously low levels and decreasing week by week.
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