Daily Mortgage Rates: Wells Fargo FHA Mortgage Rates and Conventional Loans for November 22


Daily Mortgage Rates: Wells Fargo FHA Mortgage Rates and Conventional Loans for November 2230-year home loans have become more attractive at San Francisco-based top U.S. mortgage lender, Wells Fargo (NYSE: WFC) on Friday, November 22. Potential homebuyers, who are looking to secure a favorable home purchase loan, may want to consider Wells Fargo’s 30-year fixed mortgage, which is offered at 4.375%. The interest rate on the shorter-term, but also popular 15-year fixed home mortgage was lowered as well, it’s coming out today at 3.375%. The Federal Housing Administration (FHA)-backed 30-year mortgage loan has remained firm at 4.125%, according to the latest data.

With regards to Wells Fargo’s most up-to-date refinance rate information, we haven’t observed too many changes. The benchmark 30-year mortgage, for mortgage refinancing, has a daily low at 4.500%. It’s the same mortgage rate that we spotted a day earlier. The 15-year fixed counterpart has retained its level as well, as it’s still advertised at 3.500%. FHA refinance deals include the 30-year fixed FHA loan package, which is on the books at 4.250% at this lender. For information on additional home purchase and refinancing options, please see the details 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 financial institution.

Wells Fargo Home Purchase Rates

30-Year Fixed-Rate Mortgage: 4.375%, 4.547% APR
30-Year Fixed FHA Mortgage: 4.125%, 5.357% APR
15-Year Fixed-Rate Mortgage: 3.375%, 3.669% APR
5-Year Adjustable Rate Mortgage (ARM): 2.875%, 3.033% APR
5-Year ARM FHA: 2.750%, 3.493% 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: 4.500%, 4.673% APR
30-Year Fixed FHA Mortgage: 4.250%, 5.936% APR
15-Year Fixed-Rate Mortgage: 3.500%, 3.795% APR
5-Year Adjustable Rate Mortgage (ARM): 3.000%, 3.076% APR
5-Year ARM FHA: 3.000%, 3.945% 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 take a visit to the bank’s website.