Wells Fargo Refinance Mortgage Rates – June 24 Home Loans At All Time Lows Below 4.75% for 30 Year
Posted on | June 24, 2010 | Comments Off
Wells Fargo refinance mortgage rates are extremely close to all-time lows as we are seeing June 24 home loans under 4.75% for the 30 year fixed mortgage. With this being the case many homeowners could benefit by refinancing to a much lower interest rate in June of 2010.
Before assuming that all homeowners can refinance to all-time lows it is extremely important to understand that you must have a great credit score and a significant amount of home equity. You will need a credit score above 740 and equity in your home to have any opportunity to lock in to rates below 4.75%.
It is also important to note that Wells Fargo is one of the biggest mortgage lenders in the country but they are not the only option. By doing your research online you will likely find many mortgage lenders spread throughout the country that can help you lock in the low mortgage interest rates.
Before making a final decision and signing on the dotted line and would be wise to access a mortgage calculator and determine just how much money you can save. By crunching the numbers you will likely find that lower mortgage interest rates will save you enough money to cover closing costs for refinancing.
Author: Jeremy North
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