Wells Fargo mortgage rates for new refinances bounced up higher to start the New Year, moving along with most mortgage rates across the nation. Soon after Congress settled on the new tax provisions for the year, the first part of the fiscal cliff crisis, bond prices were deflated and long interest rates rose. As long term rates ratcheted higher so did the mortgage rates at Wells Fargo, both purchase money rates and refinance rates.
Wells Fargo offers a comprehensive range of both adjustable and fixed rate refinance products, making it easy for consumers to compare mortgage offers and find the right loan. Not only does Wells Fargo offer a variety of loan types but these loan types can be applied to a number of different real estate financing needs. The mortgage loans at Wells Fargo are available for purchase transactions, refinances which includes rate and term refinancing and cash out refinance and the loans can be used in new construction financing.
To learn more about the current mortgage rates with Wells Fargo interested mortgage shopper’s can call a local mortgage representative or visit the bank web site at wellsfargo.com. The website contains information on the different types of mortgages and loan programs available through at the bank as well as current mortgage rates and a variety of home loan resources.
Based on the mortgage rates published on the bank web site, current mortgage rates and terms for a refinance promoted by Wells Fargo include the following terms and rates:
A 30 year fixed mortgage rate at Wells Fargo is at 3.625 percent with 1.0 points and a 3.799 percent APR.
The Wells Fargo 30 year FHA mortgage rate is at 3.250 percent, 1.0 points and an APR of 4.274 percent.
A 15 year fixed rate mortgage has an interest rate of 2.750 percent and 1.0 point with an APR at 3.056 percent.
A 30 year jumbo mortgage rate is 3.875 percent, 1.0 point and a 4.004 percent APR.
The Wells Fargo mortgage interest rates are based on the bank’s online published rates and may have changed since this publication date. The mortgage rates shown are based on average rates for the best-qualified customers and are based on several factors regarding the loan amounts, down payments, property type and condition and other underwriting factors and restrictions. Some home loan products offered by Wells may not be available in all areas.
Home loan borrowers that are interested in getting a loan through Wells Fargo can find a local bank mortgage representative, call the mortgage customer service number at 877-937-9357 or begin a mortgage loan application over the Internet.
There are a variety of other mortgage loan products marketed by Wells Fargo for both purchase transactions and refinances that borrowers can choose from. Wells Fargo is one of the largest financial institutions in the U.S. and is one of the largest mortgage lenders.
The mortgage information presented is believed to be reliable but may have changed since this publication date, the information is not guaranteed.
Additional bank rate data for mortgage rates can be found at the following rate tables: 30 year mortgage rates, 15 year mortgage rates, FHA mortgage rates, 20 year mortgage rates, 10 year mortgage rates and jumbo mortgage rates.
Wells Mortgage Rates continue to hold at near record low levels. Wells Fargo is one of the largest bank mortgage lenders in the nation. The bank originates loan online, via telephone through its mortgage center and with an extensive network of mortgage originators in more than 2,000 mortgage stores nationwide.
Wells Fargo offers a number of standard mortgage refinance options and purchase options including conforming fixed rate and adjustable rate loans, FHA mortgage loans, jumbo loans and more.
For potential home loan borrowers looking to purchase a home or refinancing their current mortgage loan, Wells Fargo offers a number of options and means to gain knowledge on the many loan options that are available. The bank provides customer service representatives that can answer your specific real estate financing questions, Wells Fargo provides preapprovals for new buyers and the bank website offers number of standard FAQs and mortgage calculators to help consumers better understand the home loan process. (Sounds like an advertisement for Wells Fargo)
Current Wells Fargo mortgage rates can be obtained by calling one of the mortgage stores or by using the bank’s mortgage website. A sample of the mortgage rates in Dallas, Texas for a $250,000.00 home loan with 20% down payment included the following results on September 25, 2011:
30 year fixed mortgage rate is 3.875% with 1.0 point and a 4.025% APR.
15 year fixed mortgage rate is 2.875% with 1.0 point and an APR at 3.136%.
30 year FHA mortgage rate is 3.750% with 1.0 point and an APR of 3.981%
A 30 year mortgage refinance rate in Dallas, Texas jumps up slightly to 4.125% with 1.0 point and an APR of 4.277%.
A review of the rates offered by the top ten bank mortgage lenders in the weekly Selectcdrates.com weekly mortgage rate survey for the week ending September 23, 2011 shows a rate of 4.067% with 0.35 points and a 4.162% APR on a 30 year fixed rate loan, 3.275% with 0.35 points and a 3.436% APR on the 15 year home loan and 4.013% and 0.225 points with a 4.561% APR on a 30 year FHA mortgage.
May of these mortgage rates listed are at or near historical lows. The mortgage rates listed are a sample fop home loan options available, other options are available.
To contact Wells Fargo for additional mortgage loan and mortgage rates information, customer service representatives can be reached at:
Monday – Friday 7:00 a.m. to 11:00 p.m., CT
Saturday 8:00 a.m. to 4:30 p.m., CT
For additional information on the top bank mortgage rates please see: 30 year mortgage rates, 15 year mortgage rates, 20 year mortgage rates, 10 year mortgage rates, FHA mortgage rates and jumbo mortgage rates.
Shopping for the lowest mortgage rates should involve looking at the biggest bank mortgage lenders as well as local mortgage lenders. Wells Fargo is the fourth largest US bank an often promotes some of the best mortgage rates available. Of course, the real key is finding low mortgage rates and exceptional service which can be a hard combination to find.
Wells mortgage rates have fallen measurable in June but July 8th is the first day we have seen in a major reversal of 10 year Treasury prices which is a good barometer for all long term bank rate movements. As of now, Wells mortgage rates were holding pretty steadily but increases are likely in the near future based on the current bond market action.
Current Wells mortgage rates and terms include:
30 year fixed rate mortgage loan is 4.50% with 1.0 point and a 4.686% APR.
15 year fixed mortgage rate is 3.875% with 1.0 point for a 4.195% APR.
30 year FHA mortgage rate from Wells Fargo is 4.625% with 1.0 point with an APR of 5.364%.
A 30 year fixed rate jumbo mortgage rate is 5.50% with 1.0 point and an APR at 5.643%.
The 5/1 adjustable rate mortgage is at 3.25% and 1.0 point for an APR of 3.504%.
A mortgage rates, points and APRs listed are current as of this publication date but are subject to change and bank approval. Mortgage interest rate and costs will vary based upon the specific characteristics of a loan transaction including the credit profile of the borrower, the amount of the down payment, property type, location , property value as well as additional loan decision making parameters.
With the 5/1 adjusatble rate mortgage, interest rates and monthly mortgage payments may increase over the life of the loan. The FHA loans require both an upfront and an annual mortgage insurance premium.
For current Wells mortgage rates and additional home loan information on Wells Fargo mortgage loan products, a Wells Fargo Bank mortgage representative can be reached at 877-937-9357.
The current mortgage interest rates listed are based on a purchase transaction for a single-family, owner occupied residence. Current mortgage rates generally change each business day, in more volatile markets mortgage rates may change throughout the day.
Wells mortgage rates are available in all US states including Wells mortgages rates in WI, Wells mortgages rates in MD, Wells mortgages rates in MO, Wells mortgages rates in TN, Wells mortgages rates in AZ, Wells mortgages rates in IN and other regions throughout the nation.