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Current Mortgage Rates: Fixed and FHA Mortgage Interest Rates at Wells Fargo for October 19

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Current Mortgage Rates: Fixed and FHA Mortgage Interest Rates at Wells Fargo for October 19Some adjustments were made regarding Wells Fargo’s (NYSE:WFC) mortgage rates and today we are seeing lower interest rates on certain refinance loans. For instance, the 30-year fixed mortgage loan is offered at a rate of 4.250%, an improvement over the previous 4.375%. The 30-year fixed FHA-insured mortgage comes with a lower interest rate as well, in the form of 4.125%. As for the 15-year fixed conventional loan, it’s available for mortgage refinancing at a rate of 3.375%. Wells Fargo’s additional loan packages include the 5-year ARM, which currently hovers at 3.000%. The 5-year ARM FHA refinance loan is advertised at 3.250% at this lender. More information on Wells Fargo’s current mortgage rates can be found below.

► Compare Today’s Mortgage Rates and Find The Best Loans

Wells Fargo offers excellent mortgage interest rates under both its home purchase and refinance programs, so those potential borrowers who are looking to invest either in a new / used home or to refinance an existing loan, may find some suitable mortgage options at this bank.

Wells Fargo Home Purchase Rates


30-Year Fixed-Rate Mortgage: 4.250%, 4.421% APR
30-Year Fixed FHA Mortgage: 3.875%, 4.932% APR
15-Year Fixed-Rate Mortgage: 3.375%, 3.669% APR
5-Year Adjustable Rate Mortgage (ARM): 3.000%, 3.076% APR
5-Year ARM FHA: 2.750%, 3.335% APR

The rate information provided assumes the purpose of the mortgage loan is to purchase a property, an existing single family home to be used as a primary residence with a loan amount of $200,000 and an estimated property value of $250,000. The property is located in New Haven, Connecticut. The interest rate reflects a 60 day rate lock period. The actual mortgage interest rate will depend on a number of factors including but not limited to loan type, credit profile, property type, appraised value, occupancy and loan size.

Wells Fargo Refinance Rates

30-Year Fixed-Rate Mortgage: 4.250%, 4.421% APR
30-Year Fixed FHA Mortgage: 4.125%, 5.640% APR
15-Year Fixed-Rate Mortgage: 3.375%, 3.669% APR
5-Year Adjustable Rate Mortgage (ARM): 3.000%, 3.076% APR
5-Year ARM FHA: 3.250%, 3.902% APR

Please, bear in mind, that the present mortgage interest rates may vary without prior notice from the lender and are subject to change based on location, geography and other terms and conditions. The annual percentage rates (APR) were made based on discount points, origination fees, average loan fees and closing costs.

For more information on Wells Fargo’s home purchase and refinance interest rates, as well as details on loan assumptions and borrowing terms and conditions, please check the lender’s website.

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