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Archive for wells fargo mortgage

The Right Customer Mortgage at Wells Fargo

Wednesday, August 15th, 2012

For those people who want to purchase new homes or perhaps refinance their own house, it is crucial to find the right bank that gives affordable mortgage rates. There are many good financial companies that offer the best rates in terms of mortgages. And one of the banks that people can truly trust is Wells Fargo.

Wells Fargo started way back in 1852. Given its lengthy history, Wells Fargo has built a solid name for itself. People will always go for the best in providing what they need. Wells Fargo has so much to offer in terms of financial services like mortgages, loans, insurances, credit cards, debit cards, savings, and many more. You name it they got it.

For their latest updates with regards to their mortgage rates as of August 15, 2012, one of the best they have is their 30 year fixed rate with an interest rate of 3.875% and an annual percentage rate or APR of 4.051%. The advantage with fixed rate mortgages is that the amortization remains the same all throughout the 30 year term. This prevents unpredictable high monthly payments. The other term is the 30 year fixed FHA with an interest rate of 3.625% and an APR of 4.686%. Those who want the 15 year fixed term; the APR is 3.308% and an interest rate of 3.000%. On the other hand, they also have the 5 year ARM with an annual percentage rate of 3.072% and interest rate of 2.250%. And lastly, they have the 5 year ARM FHA with an interest rate of 2.375% and APR of 3.036%. These rates are very reasonable and most people would certainly like this because they will be able to afford it. So to those who want the latest mortgages should try and check it out at Wells Fargo.

Clarifying Wells Fargo Mortgage Rates and Loans

Wednesday, July 4th, 2012

Mortgages are vital to anyone who’s looking to acquire a new home. With the heavy prices of real estate, not all of us can afford to pay cash to get a new house. This is the reason why families choose to turn to banks or other financial establishments that can help them get the financing they need. One place to get a good loan is Wells Fargo.

Wells Fargo has been providing several financial services to many Americans ever since they began. They are one of the leading and largest financial institutions in America which reflects stability and good service. With all the problems people are facing right now especially with their finances, it is just right that they find the right help they need. Many American families would go to Wells Fargo in order for them to get the right mortgage rates and loans.

As of today, the rates they have are quite competitive. For the 30 year fixed mortgage term, the rate is 3.750% with an APR or the annual percentage rate of 3.801%. While for the 15 year fixed term, the rate is 3.040% with an APR of 3.132%. Other terms they have for the adjustable rates include the 10/1 with an APR of 3.331% and a rate of 3.220%. For the 7/1, the rate is 2.670% and the APR is 3.101%. The 5/1 on the other hand has the rate of 2.560% with the APR of 3.142%. The last term is the 3/1 with APR of 3.581% and the rate of 4.060%.

With these rates, those who want to apply for a mortgage loan will base their decisions from these. They will have to choose the right term in order for them not to have problems in the future especially with their their payments. People will surely find what they are looking for at Wells Fargo.