The best 30 year FRMs start at 4.625% at Wells Fargo (NYSE:WFC) today with an APR of 4.994%. 30 year FHA FRM interest rates are published at 4.375% yielding an APR of 5.544%. The short term, popular 15 year fixed rate loans have been published at 3.750% at the bank yielding an APR of 4.255%.
The 5/1 ARM deals can be had for 3.375% at Wells and APR of 3.375%. 5 year FHA ARM interest rates are listed at 3.250% yielding an APR of 3.648% to start.
30 year refinance FRM interest rates are on the books at 4.75% at Wells today with an APR of 4.926%. 30 year refinance FHA loan deals at the bank can be had for 4.625% and APR of 6.145%. The best 30 year refinance jumbo FRM interest rates are being quoted at 4.625% with an APR of 4.741%.
Large (in eligible areas) 30 year refinance loan deals are being quoted at 4.875% and APR of 5.007%.
Large (in eligible areas) 30 year FHA refinance loans have been quoted at 4.75% and APR of 6.223%.
Shorter term 15 year refi fixed rate mortgage interest rates are coming out at 3.875% at the bank and an APR of 4.173%. The 5 year refinance ARMs start at 3.375% at Wells. with an APR of 3.208%. As far as refi FHA ARMs go, 5 year interest rates are coming out at 3.75% carrying an APR of 4.132%. 5/1 refi Jumbo ARM loans have been quoted at 2.75% with an APR of 2.936% to start. Large 30 year refinance ARM loans are listed at 3.625% yielding an APR of 3.256%.
All the mortgage rates published are driven by mortgage bonds and securities that roughly follow motions in the stock market. Stock markets lost ground by close today with the DJIA at 15,337.70 a decrease of -113.35.
Interest rates at Wells moved along with the DJIA day end results. Also in the market, the banks stock rose to 43.06 up +0.16%.
Tagged mortgage rates
