Wells Fargo Mortgage Rates: Fixed, ARM and FHA Refinance Mortgage Rates for January 22

Wells Fargo Mortgage Rates: Fixed, ARM and FHA Refinance Mortgage Rates for January 22Wells Fargo (NYSE: WFC), one of the leading providers of financial and banking services in the United States, just updated its refinance interest rates for its mortgage offerings. Please, bear in mind, that the present mortgage rates may vary without prior notice from the lender and are subject to change based on location, geography and other terms and conditions. The lender’s latest, published mortgage interest rates for January 22, 2014 can be found below.

With regards to the lender’s refinance mortgages, the standard 30-year fixed deal could see balances cleared at 4.500%, and the corresponding APR variable is 4.586%. Those who think the 15-year fixed refinance loan fits the bill better, will need to pay 3.750% in interest, whilst the corresponding APR figure stands at 3.898%.

Government loans, like the 30-year fixed FHA-backed mortgage, are also available at this lender, with the aforementioned home refinancing deal being advertised at 4.250% and an APR of 5.837% as of Wednesday.

Contrary to fixed rate mortgages, adjustable rate loans come with more flexible conditions. The 5-year ARM is available starting at 3.375% and it’s accompanied by an APR figure of 3.127%. In case of the 5/1 ARM FHA version of this mortgage, it has an asking rate of 3.250% and an APR figure of 3.968%, the lender’s latest rate information revealed.

Other mortgage refinancing alternatives, which apply to larger loan amounts in eligible areas, include the 30-year FRM, which as of Wednesday stands at 4.500% and bears an APR figure of 4.543%. For larger loan amounts, Wells Fargo’s mortgage portfolio also includes the 30-year fixed FHA-insured deal, which can be used to refinance an existing mortgage. Presently, the aforementioned loan can be acquired at a rate of 4.250% and features 5.788% by way of APR. Borrowers, who are deliberating the 5/1 ARM with larger loan amounts, can expect to pay 3.625% in interest and an APR variable of 3.175%.

Besides that, non-conforming loans, including jumbo mortgages, can also be found among the bank’s refinancing solutions. As of today, the 30-year fixed rate jumbo loan starts at 4.375% and carries an annual percentage rate of 4.403%. The 5-year ARM jumbo loan is advertised at a rate of 3.125%. This type of jumbo mortgage is coupled with an APR figure of 2.987%.

For more details on Wells Fargo’s mortgage interest rates, visit the lender’s website or contact the loan officer in charge.