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Wells Fargo Refinance Mortgage Rates – Interest Rates Continue to be Low

Posted on | November 18, 2009 | No Comments

Wells Fargo refinance mortgage rates continue to be a very low level. Today we are seeing a 30 year fixed mortgage rate around 4.66%. To put that into a historical perspective the all-time low as 4.61%. That all-time low was a weekly average not a daily low so any dip below this level will have to be a weekly average to set a new historic low.

Wells Fargo has done an amazing job of marketing their home loan division. If you search mortgage rates on Google you are likely to find Wells Fargo on the first page. They are also on the first page for many other key mortgage related search terms. This means that they are doing their best to get your business.

By being on the first page of Google Wells Fargo should benefit greatly from the low refinance rates available today. There has yet to be a true refinance boom to hit the market but its all-time lows come very soon do not be surprised to hear mainstream news talking about the refinance boom coming up.

If you have been thinking about refinancing your current home loan now might be the time to take action. As stated earlier, refinance rates are currently at 4.66%. This is extremely low when looking at a historical chart of mortgage rates. You may never have this opportunity again to make sure to take action today.

Most mortgage lenders out there advertising mortgage rates well under 5%. Please understand that your mortgage rate is greatly dependent on the equity in your home and your credit score. If you have bad credit will be highly unlikely that you can refinance at such a low rate. You will never know what rate you can refinance until you get out there and actually apply for a mortgage.

Please make sure to return to Subprime Blogger for all your mortgage and financial news. To stay up to date on the current state of finances make sure to bookmark the current news category below.

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Author: Alan Lake

Category: Wells Fargo Mortgage Rates

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