Wells Fargo Refinance Mortgage Rates – Home Loans Remain Low for First Time Home Buyers on April 28
Posted on | April 28, 2010 | Comments Off
Wells Fargo refinance mortgage rates have been at low levels for quite some time. For the entire year of 2010 we have seen 30 year fixed mortgage rates around 5%. On April 28 we continue to see home loan rates very low for first-time home buyers. Many first-time home buyers are flooding the market in an attempt to get under contract by April 30; it comes as no surprise to see many mortgage lenders quoting these buyers a mortgage interest rate.
With the first-time home buyer tax credit coming to a close on April 30, 2010 many Americans are looking to take the necessary steps to lock in this $8000 credit. Unfortunately, there are only a few days left and it can sometimes take more than this amount of time to get under contract.
If you are seeking to get under contract by April 30 it would be wise to take action as soon as possible. If you continue to wait there is a very good possibility that you will miss out on the $8000 first-time home buyer tax credit which does not look as if it will be extended in the near future.
Author: Jeremy North