Looking for the lowest local mortgage rates? Do a local mortgage rate search for instant results.
Two programs that stand out are Wells Fargo’s 15 year fixed conforming mortgage, at 4.25% and Wells Fargo’s 30 year fixed jumbo rate of 5.75%. Especially on that 30 year fixed jumbo mortgage, Wells Fargo proves tough to beat.
See the chart below of Wells Fargo Mortgage Rates Today.
as of 02/02/2010 12:00 PM Eastern
| Product | Interest Rate | APR |
|---|---|---|
| Conforming and FHA Loans | ||
| 30-Year Fixed | 4.875% | 5.065% |
| 30-Year Fixed FHA | 5.500% | 6.245% |
| 15-Year Fixed | 4.250% | 4.573% |
| 5-Year ARM | 3.875% | 3.564% |
| 5-Year ARM FHA | 3.875% | 3.323% |
| 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% | 3.652% |
| Jumbo Loans – Amounts that exceed conforming loan limits | ||
| 30-Year Fixed | 5.750% | 5.895% |
| 5-Year ARM | 5.000% | 3.930% |
Source: wellsfargo.com/mortgage/rates/