Current mortgage rates are excellent as 30 year fixed conforming mortgages remain readily available at under 5%. A handful of lenders are offering conforming 30 year fixed mortgages at 4.625%, most at 4.75%. Keeping up on Wells Fargo Mortgage Rates I took it upon myself to see where they stack up as for as competitiveness in the mortgage market today. The trend for Wells Fargo has been to be slightly higher than the wholesale mortgage market which is available to brokers on 30 year fixed conforming mortgages and this time around proved to be no different.
Current Wells Fargo Mortgage Rates Broken Down
Today’s Wells Fargo 30 year fixed mortgage rate is 4.875%. While anything under 5% 30 years fixed is considered good and sure to attract potential home buyers and those interested in refinancing 4.625% is indeed available in the mortgage market. Wells Fargo’s 5% 30 year fixed FHA rateis about average compared to other deals you’ll find out there. We’ve located lender’s doing as low as 4.75% on 30 year fixed FHA loans. Wells Fargo’s 15 year fixed rate of 4.25% is excellent. You won’t find lower than Wells Fargo on 15 year fixed mortgages and 5/1 ARM’s. The current Wells Fargo 5/1 ARM rate is 3.75% on conforming mortgages and 3.75% on FHA mortgages.
Below is a rate table displaying today’s Wells Fargo mortgage rates. You might want to take a look at today’s mortgage rates as determined by freerateupdate.com research of wholesale lender’s mortgage rate sheets before discussing a purchase or refinance loan with Wells Fargo. One good thing about Wells Fargo is their name, you can trust them. You van most likely work with a in branch home loan specialist who is less likely to take advantage of you than no name companies promising better deals online or oer the telephone.
Today’s Wells Fargo Mortgage Rates
| Product | Interest Rate | APR |
|---|---|---|
| Conforming and FHA Loans | ||
| 30-Year Fixed | 4.875% | 5.065% |
| 30-Year Fixed FHA | 5.000% | 5.717% |
| 15-Year Fixed | 4.250% | 4.573% |
| 5-Year ARM | 3.875% | 3.647% |
| 5-Year ARM FHA | 3.750% | 3.342% |
| Larger Loan Amounts in Eligible Areas – Conforming and FHA. | ||
| 30-Year Fixed | 5.125% | 5.264% |
| 30-Year Fixed FHA | 5.250% | 5.924% |
| 5-Year ARM | 4.250% | 3.734% |
| Jumbo Loans – Amounts that exceed conforming loan limits | ||
| 30-Year Fixed | 5.750% | 5.895% |
| 5-Year ARM | 5.000% | 4.012% |
