Wells Fargo Mortgage Rates – FHA 5/1 ARM at 3.75%
By: Ed Ferrara
Wells Fargo’s FHA 5/1 ARM rate today is excellent. At 3.75% with a low APR Wells Fargo may just have the best deal on an FHA 5/1 ARM in the business. Their FHA 5/1 ARM is an 1/8% below their conforming 5/1 ARM rate which isn’t lacking.
Another program Wells Fargo knocks it out the box on is their jumbo 30 year fixed rate. Wells Fargo offers a true jumbo loan, fixed for 30 years, at 5.75% with a 5.895% APR. rates on your website or blog try our mortgage rate widget.
Below is a table of Wells Fargo mortgage rates today.
as of 01/26/2010 12:00 PM Eastern
| Product | Interest Rate | APR |
|---|---|---|
| Conforming and FHA Loans | ||
| 30-Year Fixed | 5.000% | 5.191% |
| 30-Year Fixed FHA | 5.500% | 6.245% |
| 15-Year Fixed | 4.375% | 4.700% |
| 5-Year ARM | 3.875% | 3.564% |
| 5-Year ARM FHA | 3.750% | 3.267% |
| 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