Product | Interest Rate | APR |
---|---|---|
Conforming and Government Loans | ||
30-Year Fixed Rate | 3.875% | 3.900% |
30-Year Fixed-Rate FHA | 4.625% | 5.658% |
30-Year Fixed-Rate VA | 3.750% | 4.041% |
15-Year Fixed Rate | 3.250% | 3.293% |
7/1 ARM | 3.625% | 3.852% |
5/1 ARM | 3.500% | 3.881% |
Jumbo Loans– Amounts that exceed conforming loan limits | ||
30-Year Fixed-Rate Jumbo | 3.875% | 3.881% |
15-Year Fixed-Rate Jumbo | 3.625% | 3.636% |
7/1 ARM Jumbo | 3.250% | 3.655% |
10/1 ARM Jumbo | 3.500% | 3.699% |
Wells Fargo is at top of the list in mortgage lenders financial institute. According to the Mortgage Daily here is breakdown of market share rate Wells Fargo, 12.7%. Chase, 6.3%. Quicken, 4.7%. U.S. Bancorp, 4.2%. Bank of America, 4.2%. PennyMac Mortgage Investment Trust, 2.9%. PHH Corp., 2.4%. Citigroup, 1.8%. Flagstar Bancorp, 1.7%. loanDepot, 1.7%.
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