Wells Fargo Mortgage Rates

Wells Fargo Bank, one of the largest U.S. banks is advertising some very competitive mortgage interest rates. The types of mortgages being offered include conforming mortgages, jumbo mortgages, adjustable rate mortgages and FHA loans.

The current advertised conforming 30 year mortgage rate is 5.13 percent with an annual percentage rate of 5.32 percent. The mortgage rate is higher than the current national average 30 year rate of 4.98 percent.

30 year conforming jumbo mortgage rates are a little higher. The current advertised rate for 30 year conforming jumbo loans is 5.25 percent. Jumbo mortgage rates are higher at 5.50 percent.

Current Mortgage Rates

Product Interest Rate APR
Conforming and FHA Loans
30-Year Fixed 5.13% 5.32%
30-Year Fixed FHA 5.13% 5.85%
15-Year Fixed 4.25% 4.57%
5-Year ARM 3.88% 3.56%
5-Year ARM FHA 3.75% 3.34%
 Larger Loan Amounts in Eligible Areas – Conforming and FHA.
30-Year Fixed 5.25% 5.39%
30-Year Fixed FHA 5.25% 5.92%
5-Year ARM 4.13% 3.61%
 Jumbo1 Loans – Amounts that exceed conforming loan limits1
30-Year Fixed 5.50% 5.64%
5-Year ARM 4.88% 3.88%

For the most current mortgage rates visit: Wellsfargo.com
Author: Lisa Graham
March 30th, 2010
Posted in: Bank Mortgage Rates