Bank Mortgage Lender Rates November 11, 2010
Bank mortgage lenders raised their rates modestly midweek. The average rate on the 30 year fixed rate loan and 15 year fixed rate loan was higher at the close of Tuesday compared to the end of the week on November 5th.
The average 30 year fixed rate mortgage from the top five bank mortgage lenders closed Tuesday at 4.35 percent up from Fridays close of 4.225 percent while the average 15 year mortgage rate from the top five bank mortgage lenders moved up to 3.725 percent from 3.625 percent at week’s end.
Points charged by the bank mortgage lenders remained unaltered. The average points charged for the 30 year mortgage remained at 0.55 points and the average points charged on the 15 year held at 0.45 points.
The bank mortgage rates surveyed were collected on the close of business on Wednesday November 10th. These rates and points are collected directly from the bank lenders and should reflect what a consumer should be offered from that lender. Note – mortgage rates change daily and are influenced by a variety of factors including the loan amount, the borrower’s credit profile, down payment amount and geographic location.
The current bank mortgage rates tracked by Findlocalmortgagerates.com from the top five bank mortgage lenders on November 10th included the following 15 year and 30 year mortgage rates, points and APR’s:
Wells Mortgage rate on the 30 year is 4.125% with 1.0 point and a 4.277% APR and the 15 year rate is 3.375% with 1.0 point and a 3.639% APR.
Citibank mortgage rates for the 30 year mortgage was at 4.50% with 0.25 points for a 4.675% APR while the 15 year mortgage rate moved to 4.00% with 0.125 points for a 4.263% APR.
Chase Mortgage rate for a 30 year loan is 4.50% and 0.125 points for a 4.566% APR and the 15 year mortgage rate is 3.875% with no points for a 3.969% APR.
US Bank mortgage rates on the 30 year is 4.375% and no points for a 4.439% APR and 3.75% with no points with an APR of 3.860% for the 15 year term loan.
Bank of America mortgage rates on a 30 year mortgage came in at 4.25% with 1.0 point and a 4.378% APR and the Bank of America 15 year mortgage rate came in at 3.625% with 1.125 points and a 3.870% APR.
Information provided on the bank mortgage rates are believed to be accurate and reliable when placed on this site, but we cannot guarantee it is accurate or complete or current at all times. All mortgage interest rates and costs are subject to change and all home loans will require bank approval.
The mortgage rates, points and APRs included in the survey are based on California properties with a loan amount of $250,000.00 and a 20% down payment.
Findlocalmortgagerates.com publishes the bank mortgage rate survey to allow potential home loan borrowers the ability to quickly and easily research mortgage interest rates from some of the nation’s largest bank mortgage lenders.
More information on the mortgage loans and mortgage interest rates listed can be obtained by contacting the bank mortgage lenders directly:
Chase Bank 800-873-6577
Bank of America 888-233-4124
Citibank 800-667-8424
Wells Fargo 877-937-9357
US Bank 888-831-7524
Bank Mortgage Rates November 8, 2010
Bank mortgage rates showed a modest decrease for the week ending November 5th, 2010. Mortgage rates from the top five bank mortgage lenders closed lower for both the 30 year fixed rate home loans and 15 year fixed rate loan.
The 30 year fixed rate mortgage from the top bank mortgage lenders closed the week at 4.225 percent while the 15 year mortgage rates dropped down to 3.625 percent at week’s end.
The average points charged by the banks were moderately higher for the 30 year and just a fragment lower on the 15 year mortgage.
The average points charged by the bank mortgage lenders on the 30 year were 0.55 points. The average points charged on the 15 year was 0.45.
The lowest of the mortgage rates today on the 30 year came from Wells Mortgage with a rate of 4.00 percent and 1.0 point. Wells Mortgage rate on the 15 year was also the low 15 year rate for the week at 3.25 percent with 1.0 point.
The current bank mortgage rates tracked by Findlocalmortgagerates.com from the top five bank mortgage lenders for the week ending November 6th included the following 15 year and 30 year mortgage rates, points and APR’s:
As stated above, Wells Mortgage rates on the 30 year is 4.00% with 1.0 point and a 4.151% APR and the 15 year mortgage rate was 3.25% with 1.0 point and a 3.514% APR.
Chase Mortgage rates dropped measurably on the week. The Chase mortgage rate for a 30 year loan moved down to 4.375% and 0.375 points for a 4.462% APR and the 15 year dipped to 3.875% with no points for a 3.969% APR.
Bank of America mortgage rates were modestly lower for the 30 year and appreciably lower on the 15. The Bank of America 30 year mortgage rate came in at 4.125% with 1.125 point and a 4.249% APR while the Bank of America 15 year mortgage rate was 3.375% with 1.125 points and a 3.596% APR.
US Bank mortgage rates dropped for 30 year and stayed pat on the 15. The US Bank 30 year mortgage rate was 4.25% and no points with an APR at 4.313% and the 15 year held at 3.75% with no points and an APR of 3.860%.
Citibank mortgage rates were lower on both terms. The Citibank 30 year mortgage rate was knocked down to 4.375% with 0.25 points for a 4.549% APR and the 15 year Citibank mortgage rate moved to 3.875% with 0.125 points for an APR of 4.137%.
The mortgage rates and points listed from the top five bank mortgage lenders are current as of the survey date, November 5th, 2010. Information provided on the bank mortgage rates are believed to be accurate and reliable when placed on this site, but we cannot guarantee it is accurate or complete or current at all times. All mortgage interest rates and costs are subject to change and all home loans will require bank approval.
The mortgage rates, points and APRsincluded in the survey are based on California properties with a loan amount of $250,000.00 and a 20% down payment.
Findlocalmortgagerates.com publishes the bank mortgage rate survey to allow potential home loan borrowers the ability to quickly and easily research mortgage interest rates from some of the nation’s largest bank mortgage lenders.
More information on the mortgage loans and mortgage interest rates listed can be obtained by contacting the bank mortgage lenders directly:
Chase Bank 800-873-6577
Bank of America 888-233-4124
Citibank 800-667-8424
Wells Fargo 877-937-9357
US Bank 888-831-7524
Mortgage rates and loan costs for a specific loan request may be affected by a number of factors including the credit, income and assets of the borrower as well as the geographic location and property type. The bank mortgage rates, points and APRs listed in the Findlocalmortgagerates.com rate survey may vary depending on these conditions and more.
Additional mortgage rates from these lenders can be found by contacting the bank mortgage lender directly. Mortgage rates available include: mortgage rates in Illinois, mortgage rates in Texas, mortgage rates in New York, mortgage rates in Florida, mortgage rates in Pennsylvania, mortgage rates in Ohio, mortgage rates in Michigan, mortgage rates in Georgia, mortgage rates in North Carolina and more.
Bank Mortgage Rates November 1st, 2010
Mortgage rates from the top five bank mortgage lenders were pushed up for the week ending November 1, 2010. Though mortgage market rates were higher, the rate changes form the top bank mortgage lenders were relatively mild. The secondary market for mortgage backed securities changed very little during the week resulting in only modest changes in bank mortgage rates and the points charged.
The 30 year fixed rate mortgage gave back the rate reduction of the previous week and closed once again at 4.425 percent. The average points charged by the bank mortgage lenders in the survey were also higher, rising to an average of 0.475 points.
The average 15 year mortgage rate was up only slightly. The average 15 year fixed rate mortgage from the top five bank mortgage lenders closed at 3.775 percent from 3.75 percent in the previous week. The average points charged on the 15 year term home loan remained at 0.475.
The current bank mortgage rates tracked by Findlocalmortgagerates.com from the top five bank mortgage lenders for the week ending October 29th included the following 15 year and 30 year mortgage rates, points and APR’s:
Wells Mortgage rates were up by and 1/8th of a percent for both the 30 year mortgage rate and 15 year mortgage rate. The Wells 30 year mortgage rate moved up to 4.125% with 1.0 point and a 4.277% APR and the 15 year mortgage rate increased to 3.375% with 1.0 point and a 3.639% APR.
Chase Mortgage rates were mixed on the week. The 30 year Chase mortgage rate increased to 4.625% and 0.125 points for a 4.691% APR and the 15 year held at 4.00% with the points charged rising modestly to 0.125 points for a 4.113% APR.
Bank of America mortgage rates were unchanged, however the points charged by the bank to obtain these rates increased by an 1/8th. The Bank of America 30 year mortgage rate came in at 4.25% with 1.125 point and a 4.409% APR while the Bank of America 15 year mortgage rate was 3.625% also with 1.125 point and a 3.901% APR.
US Bank mortgage rates for the 30 year dipped down while the 15 remained unchanged. The US Bank 30 year mortgage rate closed the week at 4.50% and no points for a 4.564% APR and the 15 year remained at 3.75% with no points and an APR of 3.860%.
Citibank mortgage rates were unchanged but the points charged increased on the 30 year and fell for the 15 year. Citibank’s 30 year mortgage rate remained at 4.625% with 0.125 points for a 4.779% APR and the 15 year mortgage rate coming held at 4.125% with the points dropping to 0.125 points for an APR of 4.389%.
The mortgage rates and points listed from the top five bank mortgage lenders are current as of the survey date, October 22nd, 2010. Information provided on the bank mortgage rates are believed to be accurate and reliable when placed on this site, but we cannot guarantee it is accurate or complete or current at all times. All mortgage interest rates and costs are subject to change and all home loans will require bank approval.
The mortgage rates, points and APRs included in the survey are based on California properties with a loan amount of $250,000.00 and a 20% down payment.
Findlocalmortgagerates.com publishes the bank mortgage rate survey to allow potential home loan borrowers the ability to quickly and easily research mortgage interest rates from some of the nation’s largest bank mortgage lenders.
More information on the mortgage loans and mortgage interest rates listed can be obtained by contacting the bank mortgage lenders directly:
Chase Bank 800-873-6577
Bank of America 888-233-4124
Citibank 800-667-8424
Wells Fargo 877-937-9357
US Bank 888-831-7524
Mortgage rates and loan costs for a specific loan request may be affected by a number of factors including the credit, income and assets of the borrower as well as the geographic location and property type. The bank mortgage rates, points and APRs listed in the Findlocalmortgagerates.com rate survey may vary depending on these conditions and more.
Additional mortgage rates from these lenders can be found by contacting the bank mortgage lender directly. Mortgage rates available include: mortgage rates in Illinois, mortgage rates in Texas, mortgage rates in New York, mortgage rates in Florida, mortgage rates in Pennsylvania, mortgage rates in Ohio, mortgage rates in Michigan, mortgage rates in Georgia, mortgage rates in North Carolina and more.
Top Bank Mortgage Rates October 11th, 2010
Bank mortgage rates absolutely plummeted last week. Even though mortgage rates have been on a rather steady slide downwards for better part of 2010, last week’s rate drop was significant and is all that more surprising based on the low rates that the week started with. For this week’s mortgage rate analysis, skip the summary and scroll down to the current mortgage rates to see what the nation’s largest banks are offering.
The average 30 year mortgage rate from the top five bank mortgage lenders surveyed by Findlocalmortgagerates.com mortgage fell by twenty basis points, ending the week at 4.225 percent. The average 15 year mortgage rate was down by just over 13 basis points, closing the week at 3.675 percent.
The average point charged by the bank mortgage lenders in the weekly survey was also lower on the week. The average points charged on the 30 year home loan moved down to.45 points while the average points charged to obtain the 15 year mortgage moved down to an average of 0.40 points.
The mortgage rates survey results from the top five bank mortgage lenders for the week ending October 8th included the following 15 year and 30 year mortgage rates, points and APR’s:
Wells Mortgage rates on a 30 year mortgage closed at 4.00% with 1.0 point and a 4.151% APR, the 15 year mortgage rate closed at 3.375% with 1.0 point and a 3.639% APR.
Chase Mortgage rates on a 30 year mortgage was 4.375% and 0.125 points with a 4.440% APR while the 15 year loan closed at 3.875% with 0.00 points and 3.969% APR.
US Bank mortgage rates on a 30 year loan came in at 4.25% with zero points and a 4.313% APR and the 15 year had a rate of 3.75% with no points and a 3.860% APR.
Bank of America mortgage rates were 4.125% with 0.875 points and a 4.242% APR for a 30 year home loan and 3.50% with 1.0 point and a 3.726% APR for the 15 year mortgage.
Citibank mortgage rates on a 30 year was 4.375% with 0.25 points and a 4.549% APR and the shorter term, 15 year mortgage rate came in at 3.875% with no points for a 4.10% APR.
The mortgage rates and points listed from the top five bank mortgage lenders are current as of the survey date, October 8nd, 2010. All mortgage interest rates and costs are subject to change and all home loans will require bank approval.
The mortgage rates surveyed are based on California properties with a loan amount of $250,000.00 and a 20% down payment.
Findlocalmortgagerates.com publishes the bank mortgage rate survey to allow potential home loan borrowers the ability to quickly and easily research mortgage interest rates from some of the nation’s largest bank mortgage lenders.
More information on the mortgage loans and mortgage rates listed can be obtained by contacting the bank mortgage lenders directly:
Chase Bank 800-873-6577
Bank of America 888-233-4124
Citibank 800-667-8424
Wells Fargo 877-937-9357
US Bank 888-831-7524
Mortgage rates and loan costs for a specific loan request may be affected by a number of factors including the credit, income and assets of the borrower as well as the geographic location and property type. The bank mortgage rates, points and APRs listed in the Findlocalmortgagerates.com rate survey may vary depending on these conditions and more.
Top Bank Mortgage Rates October 4th, 2010
Mortgage rates continued the long term down trend and closed lower for the week ending October 2nd, 2010. Mid and long term Treasury rates were also noticeably lower on the week as were bank savings rates. Current mortgage rates for both the 30 year mortgage rate and 15 year mortgage rate moved substantially lower week over week.
The average 30 year fixed rate mortgage dropped by a rather large amount considering the already low rates that have been reached. Based on the most recent Findlocalmortgagerates.com weekly survey of bank mortgage rates, the average 30 year rate mortgage was down ten basis points or 10/100’s of a percent, to 4.425 percent.
The average 15 year fixed rate mortgage was lower by and an even wider margin than the 30 year term loan, tumbling eleven basis points to 3.80 percent.
The average points charged by the bank mortgage lenders in the survey increased on the week. The average points charged to obtain the rate on the 30 year home loan came in at .525 points as did the average points charged for the 15 year mortgage.
The mortgage rates survey results from the top five bank mortgage lenders for the week ending October 4th included the following 15 year and 30 year mortgage rates:
US Bank mortgage rates for the 30 year loan and 15 year loan ended the week at 4.50% with no points and a 4.564% APR on the 30 and 3.875% with no points and a 3.985% APR on the 15 year mortgage.
Chase Mortgage rates for the 30 year home loan was 4.625% and 0.25 points with a 4.702% APR while the 15 year loan closed at 4.00% with 0.25 points and 4.132% APR.
Wells Mortgage rates for the 30 and 15 year mortgage came in at 4.125% with 1.0 point and a 4.277% APR and 3.375% with 1.0 point and a 3.639% APR, respectively.
Bank of America mortgage rates for the 30 year loan was 4.125% with 1.125 points and a 4.286% APR and 3.625% with 1.125 points and a 3.906% APR for the 15 year mortgage rate.
Citibank mortgage rates came in at 4.75% with 0.25 points and a 4.928% APR on a 30 year mortgage loan and 4.125% with 0.25 points for a 4.427% APR on the 15 year mortgage loan.
The mortgage rates and points listed are current as of the survey date, October 2nd, all mortgage rates and costs are subject to change and all home loans will require bank approval.
The mortgage rates surveyed are based on California properties with a loan amount of $250,000.00 and a 20% down payment.
Findlocalmortgagerates.com publishes the bank mortgage rate survey to allow potential home loan borrowers the ability to quickly and easily research mortgage interest rates from some of the nation’s largest bank mortgage lenders.
More information on the mortgage loans and mortgage rates listed can be obtained by contacting the bank mortgage lenders directly:
Chase Bank 800-873-6577
Bank of America 888-233-4124
Citibank 800-667-8424
Wells Fargo 877-937-9357
US Bank 888-831-7524
Mortgage rates and loan costs for a specific loan request may be affected by a number of factors including the credit, income and assets of the borrower as well as the geographic location and property type. The bank mortgage rates, points and APRs listed in the Findlocalmortgagerates.com rate survey may vary depending on the conditions and more.
Top Five Bank Mortgage Rates September 27th, 2010
Mortgage rates plunged lower to close the week on September 24, 2010. Even while the stock market has gained some footing and the Fed has made it clear that inflation is too low and action will be taken to increases prices, mortgage rates continued to move lower.
Mortgage rates fell during the week as did most all bank and bond interest rates after the Fed reserve made a press release about providing additional easing to aid the economic recovery. The slow and possibly slowing economic recovery is forcing the Fed to provide more easing in the form of asset purchases which, at minimum, is going to keep interest rates low for some time.
Based on the most recent Findlocalmortgagerates.com weekly survey of bank mortgage rates, the average 30 year fixed rate mortgage was down five basis points or 5/100’s of a percent, to 4.525 percent.
This week’s average 15 year fixed rate mortgage was lower by eight basis points, falling to 3.915 percent.
The average points charged to obtain these mortgage rates was down as well for both home loan products. The average point charged for the 30 year came in at .35 points while the average points charged on the 15 year was .425 points.
The mortgage rates survey results from the top five bank mortgage lenders for the week ending September 24th included the following 15 year and 30 year mortgage rates:
Wells Mortgage rates ended the week at 4.25% with 1.0 point and a 4.403% APR for a 30 year mortgage rate and 3.625% with 1.0 point and a 3.891% APR for the shorter, 15 year home loan.
Chase Mortgage rates were 4.625% with 0.125 points and a 4.691% APR on a 30 year term loan and 4.125% with zero points for a 4.220% APR on a 15 year mortgage.
Bank of America mortgage rates for the 30 year were 4.375% with 0.625 points and a 4.489% APR and the 15 year mortgage rate was 3.75% with .875 points and a 3.985% APR.
US Bank mortgage rate on the 30 year closed at 4.625% with no points and a 4.690% APR while the 15 year mortgage rate was 3.95% with no points and a 4.060% APR.
Citibank mortgage rates ended the week at 4.75% with zero points and a 4.883% APR on a 30 year mortgage loan and 4.125% with 0.25 points for a 4.427% APR on the 15 year mortgage loan.
The mortgage rates and points listed are current as of the survey date, September 24, all mortgage rates and costs are subject to change and all home loans will require bank approval.
The mortgage rates surveyed are based on California properties with a loan amount of $250,000.00 and a 20% down payment.
Findlocalmortgagerates.com publishes the bank mortgage rate survey to allow potential home loan borrowers the ability to quickly and easily research mortgage interest rates from some of the nation’s largest bank mortgage lenders.
More information on the mortgage loans and mortgage rates listed can be obtained by contacting the bank mortgage lenders directly:
Chase Bank 800-873-6577
Bank of America 888-233-4124
Citibank 800-667-8424
Wells Fargo 877-937-9357
US Bank 888-831-7524
Mortgage rates and loan costs for a specific loan request may be affected by a number of factors including the credit, income and assets of the borrower as well as the geographic location and property type. The bank mortgage rates, points and APRs listed in the Findlocalmortgagerates.com rate survey may vary depending on the conditions and more.
Mortgage Rates September 20th, 2010
Mortgage interest rates fell measurably last week, coming near the all time lows reached earlier in the summer. The most recent survey of bank mortgage rates performed by Findlocalmortgagerates.com shows both the 15 year and 30 year mortgage rates down measurably for the week ending September 17, 2010.
The average 30 year mortgage rate in the survey had an interest rate of 4.575 percent with 0.40 points. The average 15 year mortgage rate in the survey had an interest rate of 4.05 percent with 0.475 points.
Recent economic data has created a mixed picture on the economic recovery with a bias towards an extremely weak economic outlook. The mixed data points have caused mortgage rates to fluctuate more in recent weeks as investors have dipped in out of the bond market cause rates to move up and down with the flow of funds.
The Findlocalmortgagerates.com survey results from the top five bank mortgage lenders for the week ending September 17th included the following 15 year and 30 year mortgage rates:
Bank of America mortgage rates for the 30 year mortgage and 15 year mortgage came in at 4.375% with 0.75 points and a 4.492% APR for the 30 and 3.75% with 1.125 points and a 4.011% APR for the 15 year mortgage.
Wells Mortgage rates were 4.25% with 1.0 point and a 4.403% APR on the 30 year and 3.75% rate with 1.0 point and a 4.017% APR on the 15 year mortgage loan.
Chase Mortgage rates for the 30 year was 4.75% with 0.125 points and a 4.816% APR while the 15 year term loan was 4.375% with zero points for a 4.471% APR.
US Bank mortgage rates on the 30 year mortgage closed at 4.625% with no points and a 4.690% APR and 4.125% with no points and a 4.236% APR for 15 year mortgage rate.
Citibank mortgage rates were 4.875% with 0.125 points and a 5.031% APR on a 30 year home loan and 4.25% with 0.25 points for a 4.553% APR on the 15 year home loan.
Mortgage rates and pints listed are current as of the survey date, September 17, but all mortgage rates are subject to change and all loans and rates will require bank approval.
The mortgage rates surveyed are based on California properties with a loan amount of $250,000.00 and a 20% down payment.
Findlocalmortgagerates.com publishes the bank mortgage rate survey to allow potential home loan borrowers the ability to quickly and easily research mortgage interest rates from multiple bank mortgage lenders throughout the country.
More information on the mortgage loans and mortgage rates listed can be obtained by contacting the bank mortgage lenders directly:
Chase Bank 800-873-6577
Bank of America 888-233-4124
Citibank 800-667-8424
Wells Fargo 877-937-9357
US Bank 888-831-7524
Mortgage rates and loan costs for a specific loan request may be affected by a number of factors including the credit, income and assets of the borrower as well as the geographic location and property type. The bank mortgage rates, points and APRs listed in the Findlocalmortgagerates.com rate survey may vary depending on the conditions and more.
Today’s Mortgage Rates September 9, 2010
Today’s mortgage rates are above last week’s low point but are ending this week slightly lower than where they started.
Based on the most recent survey of fixed rate mortgages performed by Findlocalmortgagerates.com, the average 30 year mortgage interest rate is at 4.65% with .45 points. The average 15 year mortgage interest rate is at 4.125% and .50 points.
While these mortgage rates have risen since the lows hit in the middle of the previous week, they are lower now than they were at the start of the week. The 30 year mortgage started the week at 4.70% with .475 points while the 15 year was at 4.15% and .50 points.
Results from the most today’s mortgage rate survey for the 30 year and 15 year mortgage at five of the largest bank mortgage lenders included the following mortgage rates and terms:
Chase mortgage rates on the 30 and 15 year loans were 4.75% with .125 points for an APR of 4.816% on the 30 and 4.50% with .125 points for a 4.615% APR for the 15.
Wells Mortgage rates for the 30 and 15 year mortgage were 4.375% with 1.0 point and a 4.530% APR for the 30 year and 3.750% with 1.0 point with a 4.017% APR on the 15 year home loan.
Bank America mortgage rates came in at 4.625% and 1.125 points with a 4.765% APR for the 30 year home loan and 4.125% with 1.0 point and a 4.35% APR on the 15 year.
SunTrust mortgage rates were 4.50% with 1.125 points and an APR of 4.627% for the 30 year and 3.875% with 1.125 points and a 4.091% APR on the 15 year loan.
TD mortgage rates for Sept. 9 were 4.625% and zero points with a 4.667% APR on the 30 year home loan while the 15 year was 3.875% and zero points with a 3.947% APR.
All mortgage loans and mortgage interest rates listed require bank approval and bank underwriting. Today’s mortgage rates and costs listed are current as of this publication date but are subject to change by the bank mortgage lenders and are not guaranteed.
Bank mortgage rates are dependent on the credit profile of the borrower, the down payment amount, property type and geographic location, along with other factors that will impact a specific loan request and may alter the mortgage rate and costs. The mortgage rates listed are based on mortgage loan amounts of approximately $250,000.00 with a 20% down payment for a single family owner occupied property.
The mortgage rates and points listed are just a sample of the rates from the Findlocalmortgagerates.com survey and are just a sample of the loan programs and mortgage rates that are available from these bank mortgage lenders.
Today’s Wells Mortgage Rates
Today’s Wells Mortgage rates remained relatively stable after the bond market gyrated rather measurably over the past week. Wells Mortgage rates are some of the lowest mortgage rates among the top bank mortgage lenders. Wells Mortgage offers competitive mortgages rates for both buying a home and refinancing an existing home loan.
With the economy failing to move measurably higher and overall inflation expectations remaining low, bank mortgage rates are expected to stay within a tight range for the near future. Unfortunately, low mortgage rates from Wells Mortgages and other bank mortgage lenders have failed to help the battered housing market after the tax credit offered by Congress expired.
The vast majority of mortgage loans originated this year by Wells Mortgage and other major bank mortgage lenders are generated toward loans that can be sold and that meet the underwriting criteria of government supported agencies of Fannie Mae, Freddie Mac and the Federal Housing Administration.
Today’s Wells mortgage rates for home loans involved on a purchase transaction that meet the criteria of FNMA, FHLMC and FHA include the following mortgage rates and terms:
30 year fixed Wells Mortgage rate is 4.375% with 1.0 point and a 4.530% APR.
The 15 year Wells Mortgage rates is 3.750% with 1.0 point and a 4.017% APR.
A 30 year fixed rate FHA home loan from Wells Mortgage is 4.375% with 1.0 point and a 4.721% APR.
The 5 year adjustable rate mortgage from Wells Mortgage has a start rate of 2.75% with 1.0 point and a 3.138% APR.
When it comes to home loans for a refinance from Wells Mortgage, the mortgage rate is slightly higher. Wells mortgage rates for refinance transactions include the following mortgage rates and terms:
Wells Mortgage rates for a 30 year fixed rate refinance is at 4.50% with 1.0 point and a 4.656% APR.
The 15 year mortgage refinance rate is 3.875% with 1.0 point and a 4.143% APR.
A 30 year FHA refinance from Wells mortgage ahs a mortgage rate of 4.50% with 1.0 point and a 4.848% APR.
The 5 year adjustable rate mortgage for a mortgage refinance is 3.00% with 1.0 point and a 3.225% APR.
Wells Mortgage interest rates will vary according to the credit score, property location, down payment, loan amount and other factors. These mortgage rates are for customers with excellent credit scores with a 20% down payment on a single family owner occupied property.
The interest rates, annual percentage rates (APRs), discount points and costs shown are subject to change without notice. The APR for individual loan requests will vary based on the final loan amount and finance charges.
For more information on Well Mortgage loan products and Wells Mortgage rates for home buying or refinance transactions, a bank loan representative can be reached at 877-937-9357.
The Wells Mortgage rates listed are for mortgage loans in California however a quick check of today’s Wells Mortgage rates indicates that the Illinois mortgage rates, Florida mortgage rates, Massachusetts mortgage rates, New York mortgage rates, Texas mortgage rates, Pennsylvania mortgage rates, West Virginia mortgage rates, Ohio mortgage rates, Michigan mortgage rates, Georgia mortgage rates, North Carolina mortgage rates, Wisconsin mortgage rates and New Jersey mortgage rates from Wells Mortgage were same for the mortgage loan products listed.
Top Five Bank Mortgage Rates August 30th, 2010
Bank mortgage rates moved decidedly lower for the week ending August 27, 2010. Based on the survey of the top five bank mortgage lenders surveyed by Findlocalmortgagerates.com, the average 30 year fixed rate home loan moved down to 4.65% while the average 15 year fixed rate home loan dropped to 4.15%.
The average points charged by the largest banks surveyed to obtain these rates was unchanged for the 30 year term mortgages at 0.425 points and was lower for the 15 year, falling to 0.375 points.
While both the 30 year mortgage and 15 year mortgage rate are down for the week, they are off of their lows reached during the week. The current 30 year fixed rate mortgage inched up slightly on August 27 when bond prices made a dramatic retreat and interest rates rose.
The results from the top five bank mortgage lenders in this week’s mortgage rate survey included the following 15 year and 30 year mortgage rates:
Wells Fargo mortgage rates included a 30 year loan at 4.25% with 1.0 point and a 4.403% APR while the 15 year loan is at 3.75% rate with 1.0 point and a 4.017% APR.
Chase Mortgage rates came in at 4.75% with 0.25 points and a 4.827% APR on the 30 year term home loan and 4.50% with no points for a 4.596% APR on a 15 year term.
Bank of America mortgage rates showed the 30 year at 4.875% with 0.75 points for a 5.005% APR and the 15 year at 4.25% with 0.875 points for a 4.491% APR.
Citibank mortgage rates were 4.875% with 0.125 points and an APR of 5.031% for the 30 year rate and 4.375% with zero points and a 4.603% APR on the 15 year mortgage loan.
US Bank mortgage rates for the 30 and 15 came in at 4.50% with no points and a 4.564% APR and 3.875% with no points and a 3.985% APR, respectively.
The bank mortgage rates, points and APRs listed in the Findlocalmortgagerates.com rate survey may vary depending on the credit, income, assets, geographic location and property of a particular loan.
The Findlocalmortgagerates.com rate survey is current as of August 27, 2010, however all mortgage rates are subject to change.
The mortgage rates surveyed are based on California properties with a loan amount of $250,000.00 and a 20% down payment.
Findlocalmortgagerates.com publishes the bank mortgage rate survey to allow potential home loan borrowers the ability to quickly and easily research mortgage interest rates from multiple bank mortgage lenders throughout the country.
More information on the mortgage loans and mortgage rates listed can be obtained by contacting the bank mortgage lenders directly:
Chase Bank 800-873-6577
Bank of America 888-233-4124
Citibank 800-667-8424
Wells Fargo 877-937-9357
US Bank 888-831-7524
Top Bank Mortgage Rates August 23th, 2010
Mortgage rates from the top five bank mortgage lenders increased for the first time in several weeks. Based on the current bank mortgage rate survey performed by Findlocalmortgagerates.com, both the 15 year fixed rate mortgage and 30 year mortgage rate increased for the week ending August 20, 2010.
Mortgage rates from the top bank lenders diverged greatly in this week’s survey. The 30 year mortgage rate ranged from a low of 4.25% to high of 5.125% while the 15 year ranged from a low interest rate of 3.75% to a high of 4.625%. This is the widest rate difference posted this quarter.
In this week’s survey, the average 30 year mortgage rates rose to 4.725% while the average 15 year mortgage rate moved up to 4.20%. The average total points charged by the banks in the survey to obtain the 30 year rate dropped modestly to .425 points on average and the average points charged on the 15 year moved up modestly to 0.45 points.
The results from this week’s survey from the top five bank mortgage lenders included the following 15 year and 30 year mortgage rates and the points charged to obtain those rates:
Wells Fargo mortgage rates were lower for the 30 and 15 year term loans with the 30 year mortgage hitting 4.25% with 1.0 point and a 4.403% APR and the 15 year mortgage rate dropping to 3. 75% rate with 1.0 point and a 4.017% APR.
Chase Mortgage rates were also lower for the 30 and mostly unchanged on the 15 year term with a 30 mortgage rate of 4.875% with zero points and a 4.931% APR and the 15 year rate at 4.50% with .125 points for a 4.615% APR.
Bank of America mortgage rates fell measurably on the 30 year to 4.875% with 1.125 points for a 5.032% APR while holding at 4.25% with 1.0 point for a 4.449% APR on the 15 year mortgage.
Citibank mortgage rates ticked up modestly with a 30 year home loan costing 5.125% with no points and an APR of 5.261% and 4.625% with .125 points and a 4.767% APR on the 15 year home loan.
US Bank mortgage rates slipped for the shorter term and remained constant on the 30. The 30 year rate from US Bank held at 4.50% with no points and a 4.564% APR and the 15 year dipped to 3.875% with no points and a 3.985% APR.
The Findlocalmortgagerates.com rate survey is current as of August 20, 2010, however all mortgage rates are subject to change. The bank mortgage rates, points and APRs listed may vary depending on the credit, income, assets and property of a particular loan. The mortgage rates surveyed are based on California properties with a loan amount of $250,000.00 and a 20% down payment. Rates may vary based on these factors as well as other loan conditions.
Findlocalmortgagerates.com publishes the bank mortgage rate survey to allow potential home loan borrowers the ability to quickly and easily research mortgage interest rates from multiple bank mortgage lenders throughout the country.
For more information on the mortgage loans products and mortgage rates listed can be obtained by contacting the bank mortgage lenders directly:
Chase Bank 800-873-6577
Bank of America 888-233-4124
Citibank 800-667-8424
Wells Fargo 877-937-9357
US Bank 888-831-7524
Bank Mortgage Rates Aug 2, 2010
Mortgage rates from the top five bank mortgage lenders dropped to record lows this week. The average rate for a 30 year fixed rate home loan moved down by ten basis points or 10/100’s of a percent to 4.65% from 4.75% in the prior week while the 15 year slipped seven and one half basis points to 4.125% from 4.20 in the previous week.
The average points charged from the top five bank mortgage lenders was lower as well. For the both 30 year and the 15 year, the average points charged to obtain those rates came in at .45 down from .525 points in the week earlier.
The Findlocalmortgagerates.com survey compares mortgage rates form the top five bank mortgage lenders in the nation to help consumers find the best mortgage and best mortgage rate quickly and easily.
Now that the financial community is seeing that the economic recovery is becoming more elusive which leads to little pressure for loan demand, mortgage rates along with most bank rates have headed lower. Many economists are now more concerned about continued high unemployment and deflation rather than rising inflation and rates which will continue to place downward pressure on mortgage rates.
Results from this week’s survey included the following bank mortgage rates, points and APRs on the 30 year and 15 year fixed rate home loan.
Chase Mortgage rates for the 30 year loan and 15 year loan came in at 4.75% with 0.125 points and a 4.816% APR for the 30 and 4.25% with .25 points and a 4.383% APR for the 15 year term.
Bank of America mortgage rates were 4.625% with 1.125 points for a 4.778% APR on the 30 year mortgage and 4.125% with 1.0 point for a 4.370% APR on the 15 year mortgage.
Citibank mortgage rates ended at 4.875% with no points for a 5.009% APR on the 30 and 4.375% and zero points for a 4.603% APR for the 15 year mortgage.
Wells Fargo mortgage rates were unchanged for both the 30 year term home loan and 15 with a rate of 4.50% with 1.0 point and a 4.686% APR for the 30 and a 3.875% rate with 1.0 point and a 4.195% APR on 15 year loan.
US Bank mortgage rates closed out the week at 4.50% with no points for a 4.564% APR on a 30 year fixed rate mortgage and 4.00% with no points for a 4.110% APR on the 15 year term mortgage.
The bank mortgage rates that are part of the Findlocalmortgagerates.com rate survey are current as of July 30, 2010 but are subject to change and all loans and rates require bank mortgage lender approval.
The bank mortgage lender rates listed as well as the origination points and loan APRs may vary depending on the credit, income, assets and property being purchased by the borrower.
The mortgage rates, points and APRs in the survey are based on a home loan amount of between $200,000.00 and $275,000.00 on a single family owner occupied home with a minimum 20% down payment.
For more information on the above listed mortgage rates and loans as well as additional loan programs offered by these lenders, the bank mortgage lenders listed can be reached directly at the following numbers:
Chase Bank 800-873-6577
Bank of America 888-233-4124
Citibank 800-667-8424
Wells Fargo 877-937-9357
US Bank 888-831-7524
Top Bank Mortgage Rates July 26, 2010
Bank mortgage rates for the 30 year and 15 year term home loan were a mixed bag in the past week. Mortgage rates for the 30 year were modestly higher while the 15 year was fractionally lower.
Findlocalmortgagerates.com survey of the top five bank mortgage lenders found that the mortgage rate on the 30 year loan was unchanged but the points charged to obtain the loan had risen marginally. The average 30 year mortgage rate ended the week at 4.75%, unchanged from the prior week and the average points charged to obtain that rate increased to .525 points from .475 in the previous week.
For the 15 year fixed rate mortgage, the average mortgage rate dropped from 4.20% to 4.175% and the average points charged in the survey increased from .45 to .525 points.
The Findlocalmortgagerates.com survey compares mortgage rates form the top five bank mortgage lenders in the nation to help consumers find the best mortgage and best mortgage rate quickly and easily.
Results from this week’s survey included the following bank mortgage rates, points and APRs on the 30 year and 15 year fixed rate home loan.
Chase Mortgage rates on a 30 year loan was 4.875% with 0.25 points and a 4.953% APR while the 15 year home loan rate was 4.375% and no points with a 4.471% APR.
Bank of America mortgage rates on the 30 year mortgage was 4.75% with 1.375 points for a 4.934% APR and the 15 year mortgage was 4.125% with 1.375 points and an APR of 4.440%.
Citibank mortgage rates were at 5.00% with no points for a 5.135% APR on the 30 and 4.375% with .25 points and a 4.679% APR for the 15 year mortgage.
Wells Fargo mortgage rate on a 30 year fixed rate home loan was 4.50% with 1.0 point and a 4.686% APR and 3.875% with 1.0 point and a 4.195% APR on 15 year mortgage loan.
US Bank mortgage rates were 4.625% with no points for a 4.690% APR on a 30 year fixed rate mortgage and 4.125% with no points for a 4.236% APR on the 15 year term mortgage.
The mortgage companies listed can help potential home loan borrowers find the best home loan that fits their needs. The banks listed offer a number of different mortgage rates and point options as well as a variety of additional home loans including FHA loans, adjustable rate mortgages, jumbo loans and more.
The bank mortgage rates found in the survey are current as of July 25, 2010 but are subject to change. The bank mortgage lender rates listed as well as the points and APRs may vary depending on the credit, income, assets and property being purchased by the borrower. All mortgage loans are subject to bank approval and additional conditions will apply.
The mortgage rates, points and APRs in the Findlocalmortgagerates.com mortgage survey are for a home loan of between $200,000.00 and $275,000.00 on a single family owner occupied home with a minimum 20% down payment.
For more information on the above listed mortgage rates and loans, the bank mortgage lenders listed can be reached directly at the following numbers:
Chase Bank 800-873-6577
Bank of America 888-233-4124
Citibank 800-667-8424
Wells Fargo 877-937-9357
US Bank 888-831-7524