Wells Fargo Refinance Mortgage Interest Rates – Low Rates Remain in March

Wells Fargo refinance mortgage interest rates have been low for the entire year and low rates remain in March. At the present time we are seeing a 30 year fixed mortgage rate around 4.8% while the 15 year fixed mortgage rate is about 4.3%. It will be very interesting to see where we go from here.


Most mortgage lenders, including Wells Fargo, have marketed their home loans division very hard as the low interest-rate environment has benefited both banks and customers. Banks have benefited because they have gain new customers each and every day and customers have benefited by getting lower monthly mortgage payments.

With this in mind it would be a very wise decision to do research on current mortgage rates. If you have the ability to refinance to a rate that is one full percentage point below your current home loan rate it would behoove you to go through the refinance process as soon as possible.

If you cannot save this one full percentage point then you are going to find the closing costs often outweigh the benefits. If this is the case then you should save your money and improve your credit score until you can get a lower mortgage interest rate.

Author: Jeremy North