With the mid-stages of the week already upon us once again, home purchase mortgage rates at Wells Fargo (NYSE:WFC) appear to be holding reasonably firm and continue to represent excellent value for money. Of course, the market of today could very well jump in either direction in a heartbeat, therefor would be borrowers are again being urged to consider investing soon rather than potentially missing out for good.
Buyers looking for the assistance of Wells Fargo in their new or used home purchase today will find the 30 year fixed rate deal on offer for 3.875% and APR of 4.054%, while the 15 year package on the other hand can be locked in for an attractive 3.125% and APR of 3.438%.
The FHA version of the 30 year fixed rate home purchase loan on the other hand can be taken out for 3.750% and carries APR of 4.705%.
Jumbo loans are as usual available over 30 years at a fixed rate of 4.250% which amounts to 4.382% by way of APR, while larger loan amounts in certain areas can be locked in over the same 30 year term for 4.000% and APR of 4.130%.
In the case of particularly notable adjustable rate home purchase deals, the 5/1 ARM remains hugely attractive at 2.250% to start and with an APR of 3.156% variable, while the FHA 5/1 ARM on the other hand now opens at 2.750% and carries APR amounting to 2.999% variable.