Subprime Blogger

Save Money Any Way Possible

Wells Fargo Refinance Mortgage Rates – Florida, California, Nevada and Arizona See 2010 Low Interest Rates

Posted on | May 27, 2010 | Comments Off



Wells Fargo refinance mortgage rates have recently hit a 2010 low and they are very close to all time lows.  With the 30 year fixed mortgage rate being quoted at 4.5% many Americans are looking to refinance and save money.  Four states that are seeing very attractive rates are Florida, California, Nevada and Arizona.


With these states being some of the states with the biggest fall in home prices it should be no surprise to see many homeowners looking to refinance to a fixed rate.  Wells Fargo and most mortgage lenders are currently advertising rates that are very low so many Americans can benefit.

It is very important to understand that not all homeowners will be able to access mortgage interest rates below 5%.  To get a mortgage rate this low you will need a large amount of home equity and a credit score that is above 740.  Without these requirements you will likely find a higher interest rate offer.

It is also important to note that Wells Fargo is a very large mortgage lender but there are other options available as well.  By exhausting your resources you will better understand what interest rate you will qualify for and how much money you can save.

Author: Alan Lake



Comments

Comments are closed.

  • Content Protected Using Blog Protector By: PcDrome.