Today's Mortgage Rates (FreeRateUpdate.com) -- 30 Yr Fixed 4.750........15 Yr Fixed 4.250.........5/1 ARM 3.625...........FHA 30 Year Fixed 4.750...........Jumbo 30 Year Fixed 5.625....... - Mortgage rates are stable.


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Current Mortgage Rates Stuck – No Mortgage Rate Moving Data Today

Ed Ferrara | February 16, 2010 | 0 Comments

LOS ANGELES, CA — Feb. 16 (FreeRateUpdate.com) -  Mortgage-backed securities prices, which move mortgage rates in the opposite direction, are down just a tad this morning -2/32 (FNMA 30-yr 4.5 at 100.28). This small decline is not enough to move mortgage rates and with no more major economic data to be released today it’s highly unlikely mortgage rates change. The Dow is up over 100 points, so it is possible we see changes for the worse in pricing, which effects closing costs on mortgages,… Read more

Wells Fargo Mortgage Rates Versus: Wells Fargo Mortgage Rates Consistently Good but Not the Best

Bruno Mckenzie | February 9, 2010 | 0 Comments
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Feb. 9 (FreeRateUpdate.com) – Today we’re going to stack Wells Fargo mortgage rates against both national averages and par rates. Why? Well for consumers out there who may be inclined to go to their local bank, which very well might be Wells Fargo, this is a good bit of information. For those who aren’t considering Wells Fargo, there are certain programs you may want do just that. Let’s start by noting the difference between par rates and national averages. Par rates, as researched and… Read more

The Walker File: Mortgage Refinance Extinct, 6% Mortgage Rates, Wells Fargo

Bruno Mckenzie | February 3, 2010 | 0 Comments

I’m sorry I didn’t write my column after midnight today as my fans have become so accustomed to. Last night I was working on the Walker file. I delve into territories unknown looking for answers to big problems. Fannie, Freddie, mortgage rates starting with a numeral 6, a barren land in what was once booming with home refinance. I looked into 2011 and years beyond. I woke up this morning a wiser man, with a helluva headache. I closed the Walker file last night knowing some questions just don’t… Read more

Wells Fargo Mortgage Rates: 15 Year Fixed and Jumbo 30 Year Fixed Excellent

Bruno Mckenzie | February 2, 2010 | 0 Comments
wells fargo mortgage rates

Wells Fargo made news this week as media caught wind they have been hedging against much higher interest rates for quite some time, cutting back as much as a billion dollars in fixed investments. Wells Fargo mortgage continues to have competitive mortgage rates shining in a few programs including their conforming 15 year fixed and jumbo 30 year fixed rates. We reports on Wells Fargo mortgage rates because Wells has become so large, they account for an astounding percentage of mortgage… Read more

Wells Fargo Mortgage Rates – FHA 5/1 ARM at 3.75%, Jumbo 30 Year Fixed at 5.75%, Wow.

Ed Ferrara | January 26, 2010 | 0 Comments

We’re always checking up on the big banks to see how their retail locations are doing mortgage rates wise. Is it a good idea to go to your local banker and secure your mortgage with them? Hmmm… Everybody likes doing business face to face and that’s the biggest selling point Wells Fargo has when it comes to their mortgage business. You get a local banker, a guy you can trust, doing business face to face with you like the old days making it easier to sleep at night, especially if your purchase… Read more

Mortgage Rates: Wells Fargo Versus Ditech Mortgage Rates, 30 Yr Fixed – Brokers Prevail

Bruno Mckenzie | January 18, 2010 | 1 Comments

Today I stacked two of the most competitive mortgage originators head to head to see how their rates fair compared to each other. Wells Fargo in the past few months has been extremely competitive on their jumbo mortgage rates, a market Ditech aggressively advertises for. Wells Fargo is obviously pushing a larger volume. Wells Fargo is actually originating the highest volume of mortgages currently followed by Citimortgage, Flagstar, and then GMAC who owns Ditech. If you’re currently in a loan… Read more

Wells Fargo Mortgage Rates: Big Increases Seen in Wells Fargo Mortgage Rates – FHA/Jumbo Update

Bruno Mckenzie | December 29, 2009 | 0 Comments

Wells Fargo mortgage rates are up this week. Prices of mortgage-backed securities have steadily decreased over the past 4 weeks sending mortgage rates which move their opposite up. A few weeks ago Wells Fargo was slightly above the available par rates on their 30 year fixed mortgages. Par rates are lowest available interest rates. Today’s Wells Fargo 30 year fixed mortgage rates vary depending on program. Today’s Wells Fargo conforming 30 year fixed rate is 5.25%, an 1/8 above the lowest… Read more

Wells Fargo Mortgage Rates: Wells Fargo More Competitive as Mortgage Rates Go Higher

Bruno Mckenzie | December 18, 2009 | 0 Comments
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Today’s Wells Fargo mortgage rates are far more competitive than when we researched them weeks ago. Weeks ago mortgage rates were at record lows, yet today Wells Fargo mortgage rates are the same. Maybe their strategy is to just told them steady no matter what’s going on? That seems to be the case. Wells Fargo which was well above the verified par rates before is very close to offering the lowest rates available. Today’s par rate for instance on a 30 year fixed conforming mortgage is 4.75%,… Read more

Wells Fargo Mortgage Rates: Wells Fargo Conforming, FHA and Jumbo Mortgage Rates Reviewed.

Bruno Mckenzie | December 8, 2009 | 0 Comments

Wells Fargo mortgage rates today for the most part are just above par rates as determined by FreeRateUpdate.com research. Par rates are the lowest available interest rates on any given day that can be obtained by credit worthy borrowers at average points and fees. Par rates DO NOT include additional points and fees known as a buy down. The current mortgage rates at par are as follows. Today’s 30 year fixed mortgage rate is 4.625%. Today’s 15 year fixed mortgage rate is 4.125%. Today’s 5/1 ARM… Read more

Wells Fargo Mortgage Rates: Wells Fargo’s Best Mortgage Rate – 15 Year Fixed

Bruno Mckenzie | December 2, 2009 | 0 Comments
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Today we took another look at Wells Fargo mortgage rates. In the past day we’ve seen conforming mortgage rates dip to an amazing 4.5% 30 years fixed then edge up to 4.625%. The current FHA mortgage rate is 4.75% 30 years fixed, it has varied the past 2 days greatly. Compare to Wells Fargo Mortgage Rates Currently Wells Fargo’s 30 year fixed mortgage rate is 4.875%. Compare Wells Fargo’s 4.875% 30 year fixed rate mortgage to what’s available in the market, 4.625% 30 year fixed mortgages. Wells… Read more