Wells Fargo Refinance Mortgage Rates – June 28 Home Loans Under 4.5% for 30 Year Fixed Mortgage
Posted on | June 28, 2010 | Comments Off
Wells Fargo refinance mortgage rates are currently at all time lows as June 28th home loans are under 4.5% for the 30 year fixed mortgage. It is very important to note that not all current and future homeowners will be able to lock in to rates at this low level.
Americans will need a credit score above 740 and a significant amount of equity to have any opportunity to lock in to low mortgage interest rates. Without these requirements it will be very hard to lock low rates. First time home buyers will need a debt to income ratio under 40%.
With this in mind it is very important to know if you have a great credit score. At the present time there is one free annual credit report available to all Americans but this free credit report does not include a credit score. For a credit score you will likely need to pay a fee between $15 and $30.
Wells Fargo is currently one of the largest mortgage lenders in the country but there are many other options available as well. With the advancements in technology it is easier now than it has ever been to do personal finance research online from the comfort of your own home or office.
Author: Alan Lake
Tags: 4.5% mortgage rates > home loan rates > refinance mortgage rates > wells fargo home loans > wells fargo low mortgage rates > Wells Fargo Mortgage Rates > wells fargo refinance