Wells Fargo has many mortgage options to fit the needs of most home buyers, so we here at Online Banking Fan thought we should look them over for you. Wells Fargo home mortgage offers include fixed, flexible (adjustable/ARM), and various down-payment and less-than-perfect credit solutions.
Looking at the more common Wells Fargo home loan options, the fixed rate offers are, of course, first on the list. Fixed rate mortgage, including Jumbo loans (over $300,000) Wells Fargo mortgage rates can be quite good for those with decent credit and who prefer predictable payments. In today’s fluctuating market climate, this is obviously a way to feel better about your loan. Loans can be over 15, 30, or 40 year terms.
Other Wells Fargo home mortgage offers for adjustable rate mortgages (ARM) can be one of three types of Wells Fargo home loan: a pure ARM of 3 or 5 years, an interest-only payment loan of 1 or 3 years, and a flexible/fixed program. These are the most interesting offers and fairly unique to Wells Fargo home mortgage options.
The ARM and interest-only offers are fairly standard in the industry, with adjustable rates or interest-only payments for a set term and then a variable interest rate afterwards. These are most common for those who want a home, but don’t necessarily have the best situation for getting one yet, but know that their options will be better in the future. This allows for a lower rate now and a good option for refinancing with another Wells Fargo home mortgage later.
The Flex/Fixed option, however, is a unique combination which is similar to an interest-only ARM but with a set fixed rate for the maturity rather than an adjustable one. So no refinance may be needed. This option fixes the rate at the time of the ARM’s maturity (1-5 years) at whatever the current (at that time) is for Wells Fargo mortgage rates. Up to that point, the interest-only payment is all that’s required for monthly payments.
Overall, the Wells Fargo home mortgage options are well worth considering.
When you’re looking to invest in a certificate of deposit, whether it be for the short or long term, you will likely wonder what Wells Fargo CD rates are in your search. We here at OnlineBankingFan.com are dedicated to making sure that our readers have the latest information possible on all investmetn and banking opportunities, including Wells Fargo certificates of deposit (CD).
For the shorter term, investors in Wells Fargo certificates of deposit will be interested in Standard CDs. Wells Fargo CD rates for these accounts vary from 3 months to 1 year terms, with minimum deposits starting at $2,500. The higher the deposit, the better the annual percentage yield (APY) for the term.
A 3 month CD yields 0.10% (regardless of deposit) while a six month ranges from the same to 0.40% with $100,000. A one year (12 month) CD has an APY yield of 0.40% to 0.90% depending on deposit amount.
As you can see, for large bank, short-term investments, Wells Fargo CD rates are competitive. For Wells Fargo online banking customers, special offers at longer terms and minimum deposits of only $5,000 are available.
These Special Offer CD rates are subject to some specific rules, including a longer-term rate automatically initiated once the Special Offer term is up. So for a 7 month term, an additional 6 months at the current CD rate (at the end of the initial term) comes into effect. These special rates, however, can effectively double (or more) the current Wells Fargo CD rates on standard CDs. They range from 1.27% for the 7/6 month (7 months special, 6 months standard) CD to 3.02% for the 39/36 month CD.
Of course, these are special offers that may not last long, so be sure to check the Wells Fargo online banking site for the most current information as offers and terms change regularly for investment offerings like these.
Current credit card holders and those looking for something unique for their credit card will want to look at Wells Fargo Rewards. We heard about this program and did some digging to see what it has to offer readers here at OnlineBankingFan.com.
First, current Wells Fargo credit card holders can upgrade their service to Wells Fargo Rewards and new customers can apply for a Wells Fargo Rewards credit card by choosing the option on their Wells Fargo Credit Card application. The Rewards program offers some great bonuses for members.
First, members of the Wells Fargo Rewards program earn points towards airfare, gift certificates, merchandise, and more at participating airlines and businesses. Even Wells Fargo Check Cards (debit cards) can be added to the Rewards program.
There are literally hundreds of rewards you can use your points for. Some of them include airfare, cash rebates, gift cards from big-name retailers, name-brand merchandise, and even Wells Fargo branded items like jackets and hats.
The Wells Fargo Rewards program works pretty simply: every dollar spent on Wells Fargo credit card purchases ads a point to your Rewards total. Check/debit cards earn four points for every dollar if the purchase is made as a debit (with a PIN). Points are limited to 120,000 per year.
Just 5,000 points gets things like $50 gift certificates and many who participate in the Wells Fargo Rewards Credit Card program qualify to join the program for free.
We feel that those expecting a little more from their credit card might want to look at the Wells Fargo Rewards program and see if it’s what they’d like to get from their card.
Since Wells Fargo seems to be positioning itself to be one of the largest banking concerns in the United States, we at OnlineBankingFan.com thought we should look them over and let you know what they have to offer you for personal banking products.
The Wells Fargo Financial Bank website at www.wellsfargo.com has a lot of services to offer. Wells Fargo Online Banking, Bill Pay, Checking and Savings, CDs, Credit Cards, and more are available on the Wells Fargo website as well as at branch locations nationally.
Wells Fargo online banking offers several advantages for people on the move with busy lives. Access is free and secure for Wells Fargo customers and includes free Mobile Banking as well. To get a full idea of how this works, if you’re unfamiliar with online banking, there is a no-obligation tour available on www.wellsfargo.com to show you before you sign up.
Bill Pay is another service offered that many will find useful. Most Wells Fargo customers qualify to use this service for free, provided they have a combined Wells Fargo balance of $5,000 (throughout all accounts) or have an eligible checking account. Otherwise, it’s $6.95 per month.
Savings and CD rates are very good. We’ll be looking at CD accounts at Wells Fargo in another article, but savings accounts can be linked to checking for overdraft protection or automatic transfers to automate your savings building.
Overall, the services at Wells Fargo Financial Bank and Wells Fargo Online banking are better than many we’ve seen and we think you’ll agree once you’ve tried it. Go to www.wellsfargo.com and try it for yourself to see what they’ve got to offer you.
For those who are looking for an all-in-one banking solution or for those who are Wachovia customers wondering what Wachovia’s new owner Wells Fargo has to offer, we here at OnlineBankingFan.com thought we should look into current Wells Fargo credit card offers as well as Wells Fargo online banking solutions.
Wells Fargo online banking offers everything you’d expect from a solid, online bank and has a lot to offer those who want easy, do it yourself online service. For Wachovia customers switching to Wells Fargo, you’ll find their services online to be much more convenient and user friendly. Wells Fargo VISA credit card offers include tie-ins with existing Wells Fargo accounts as well as ways for those new to credit to get started.
Wells Fargo credit card offers include some low introductory annual percentage rates (APR) with several offering up to nine months at 0% interest. The Home Rebate card is unique, offering a 1% rebate on purchases towards a Wells Fargo Home Mortgage.
Newcomers to credit will find options at Wells Fargo Online banking as well, with College Card and Secured Card options for college students and those with new or not-so-good credit who wish to establish themselves. Wells Fargo credit card offers are competitive with no annual fee (excepting the secured card).
If you’re wondering what Wells Fargo VISA credit card offers can give you beyond just a debit card on your account or as an overdraft protection option, check out Wells Fargo online banking for easy information. You might find what you’re looking for.
Many new customers are entering the Wells Fargo family thanks to the recent merger in which Wells Fargo acquired Wachovia. Wachovia customers are likely wondering what to expect from their bank’s new ownership, but Wells Fargo On Line has been quick to show how much better things might be for them now. We at OnlineBankingFan.com thought it was definitely worth looking at from this new perspective.
First, visiting www.wellsfargo.com, Wachovia clients will see that Wells Fargo On Line Banking offers a lot of great services, easily accessible right from their website. Whether your accounts are personal, small business, or commercial in nature, Wells Fargo On Line has great tools.
Rate alerts on mortgage, IRAs, and more are available via email through Wells Fargo On Line. Those who want full service banking on the Internet will find it with Wells Fargo On Line Banking systems, a free service for all Wells Fargo customers. Even mobile banking access from your wireless phone is available and free.
Small business owners will be interested in the useful online resources for them, including periodic newsletters, business tips, and more. Special information on Savings, CDs, and business line-of-credit loans are available at Wells Fargo On Line as well. Larger commercial interests will also find great information and tools including international transfers and benefits for corporate employees all at Wells Fargo On Line.
So whether you just use Wells Fargo or Wachovia for standard banking, loans, investing, or a combination, Wells Fargo On Line has plenty to help you manage your finances. Try www.wellsfargo.com and see for yourself.
Wells Fargo is one of the largest banks in the nation and one of the largest home mortgage lenders as well. We here at OnlineBankingFan.com thought it would definitely be in our reader’s interest if we reviewed some of the mortgage options and Wells Fargo mortgage rates currently available.
All loans at Wells Fargo are subject to credit and ability to pay, of course, but Wells Fargo Online Banking services offers several mortgage options for fixed and short-term adjustable rate mortgages (ARM) loans.
A standard 30-year fixed loan, for instance, can have an annual percentage rate (APR) as low as 5.34% while a 15 year fixed loan can be even lower at 5.115% APR. Wells Fargo Mortgage rates get higher for less standard loans such as Jumbo (larger than area average) or extended 40-year loans, at 6.651% and 7.208% respectively.
In the market, however, Wells Fargo Mortgage rates are known to be competitive as a larger lender that aggressively finances otherwise hard-to-finance buyers. A five year ARM can be had for 4.721%, depending on eligibility, and can be used to get buyers are more shaky ground into a home.
Currently, Wells Fargo Online Banking is showing several FHA loans for metropolitan and more expensive areas as well, giving options for the buyer.
Wells Fargo Mortgage rates are definitely worth a look for a home buyer who’s looking for a first-time buyer’s or experienced buyer’s loan for a home. Check out Wells Fargo Online Banking for interesting offers as well and be sure to check often, as rates and terms change quickly in the mortgage business.
The Wells Fargo earnings announcement for January was just released. Below is a video analyzing the Wells Fargo earnings announcement.
Wells Fargo lost 79 cents per share in the fourth quarter of 2008. Many Wells Fargo investors were worried that the Wells Fargo dividend would be lowered. But, WFC announced that it would not lower the Wells Fargo dividend and it would remain at $.34/share. This is good news for Wells Fargo investors and dividend investors generally.
Since the announcement of the WFC earnings, Wells Fargo stock is up 30%. Earlier in the month the WFC stock price was at a low of $14.23, but as of this article the Wells Fargo stock price is $21.19. That is a pretty good rally for WFC.
Jim Cramer is one of the most vocal stock picking gurus today. His Jim Cramer’s Mad Money show on CNBC is one of the most popular investing shows on Television. Lately he has been discussing investing in Wells Fargo stock.
Since the the financial sector meltdown in September, the WFC stock price was holding up better than most banking stocks. However, since the new year, the Wells Fargo stock fell from $30 to $15. But is this 50% decline in the WFC stock fair?
If you are investing in Wells Fargo stock, you might want to check out Jim Cramer’s analysis of the banking stocks. Here is a link to Jim Cramer’s Analysis of Wells Fargo Company. From this link you can follow Jim Cramer’s writings on Wells Fargo Online Banking and find out whether the WFC stock price will go up or down. Whether you should be buying Wells Fargo stock or selling Wells Fargo stock.
Just yesterday, the Wells Fargo stock was up 30% as the financial sector rallied. Will this rally continue? Only time will tell. But, I highly recommend following Jim Cramer’s advice on the Wells Fargo stock.
If you are looking for an online bank, Wells Fargo Online Banking is a great option. Wells Fargo is one of the largest banks nationwide and is growing with its recent acquisition of Wachovia Bank. This article provides an overview of the Wells Fargo online banking options.
Wells Fargo Online Banking :
Wells Fargo online banking breaks its homepage into three sections. These sections include sections for personal banking, business banking and commerical banking. Each of these sections includes links to the various financial products available for that particular type of customer. This article is going to focus on the Wells Fargo personal banking options. Future articles will review the business banking options and commercial banking options.
Wells Fargo Savings Accounts :
The Wells Fargo savings accounts are your standard brick and mortar bank savings accounts. While the Wells Fargo savings accounts are not high interest savings accounts, if you are looking for a full service bank, the Wells Fargo savings rates might be good enough for your savings needs.
Wells Fargo CD Rates :
Wells Fargo cd rates vary based upon the length of term of the certificate of deposit you purchase. These CD rates differ depending on the state you live in. You will see when you visit the Wells Fargo online banking website, the drop down menu for the different state cd rates.
Wells Fargo Home Mortgages :
Wells Fargo home mortgages are one of the most popular financial products offered by Wells Fargo Banking. Wells Fargo home mortgages can help new home buyers purchase their first home or help homeowners refinance home mortgages to lower their mortgage rates. Online Banking Fan will explore these Wells Fargo home mortgages in more depth in future articles.
I hope that this provides a good overview of some of the personal banking products offered by Wells Fargo Online Banking.
