The benchmark 30 year loans at Wells Fargo (NYSE:WFC) have been published at 4.250% today carrying an APR of 4.607%. 30 year FHA FRMs have been listed at 3.875% and APR of 5.026%. The short term 15 year loans can be had for 3.375% yielding an APR of 3.872% today.
The 5 year ARMs at Wells Fargo have been published at 3.125% and the APR is 3.283% on initial purchase. As far as FHA ARMs go, 5 year interest rates have been listed at 3.250% with an APR of 3.648%.
Standard 30 year refinance fixed rate loan interest rates at Wells Fargo are being offered for 4.375% yielding an APR of 4.547% today. 30 year refinance FHA fixed rate loan interest rates are being offered for 4.25% today carrying an APR of 5.766%. The best 30 year refinance jumbo loan deals are being offered for 4.125% with an APR of 4.237%.
Large (in eligible areas) 30 year refinance fixed rate loan interest rates stand at 4.5% and APR of 4.629%.
Large (in eligible areas) 30 year FHA refinance loan interest rates start at 4.25% with an APR of 5.719%.
The short term, popular 15 year refi fixed rate loan interest rates are being offered for 3.5% and APR of 3.795%. ARMs in the 5 year refi category are coming out at 3.25% at Wells Fargo. yielding an APR of 3.164% to start. 5/1 refi FHA ARM loans are being offered for 3.5% with a starting APR of 4.016%. The 5 year refi Jumbo ARM interest rates are available starting at 2.5% yielding an APR of 2.85% to start. Large 30 year refi ARM loans have been published at 3.5% yielding an APR of 3.212%.
All the mortgage rates often vary with mortgage backed securities that go up and down with the stock market. Securities lost ground today with the DJIA at 15,337.70.
Mortgage rates at the bank blindly followed the DJIA results. Drilling down a bit, Wells Fargo's own stock price improved to 43.06 up +0.07.
Tagged mortgage rates
