While the options available haven’t changed much, the rates have adjusted with the market.  The rates we’re listing here are under the assumption that you have qualifying credit (a FICO of at least 680 or higher), at least 10% down, cash on hand for fees, and the loan is within the conforming guidelines (not a Jumbo loan).

Right now, a 30-year fixed mortgage can be as low as 5% in interest (5.191% annual percentage rate/APR) or 5.5% (6.245% APR) for an FHA 30-year fixed rate.  The Wells Fargo mortgage rate for a 15-year fixed is one of the lowest available right now at only 4.375% (4.7% APR).

If an adjustable rate mortgage (ARM) is right for you, then Wells Fargo rates are competitive at 4% for conforming or FHA-approved (4.019% and 3.536% APR respectively).

For those needing a Jumbo loan, Wells Fargo home mortgage rates can accommodate.  A 30-year fixed Jumbo is at 6.25% (6.399% APR) and a 5 year ARM is 5.25% (4.434% APR) for Wells Fargo rates.

These rates are all worth considering, but any decision must be made by yourself and your financial adviser.  Your situation will be unique, so the rates listed here are only a guideline and situations such as geography, timing, and so forth will change them to match.

All loans at Wells Fargo mortgage are federally conforming and meet the Federal Housing Authority requirements where applicable.