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:
877-937-9357
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.