Wells Fargo Refinance Mortgage Rates – Interest Rates Move Higher for 30 Year Fixed Home Loan on July 20
Posted on | July 20, 2010 | Comments Off
Wells Fargo refinance mortgage rates have moved up slightly on July 20, 2010 as the 30 year fixed mortgage interest rate is around 4.55% on average. Over the last few weeks we have seen the 30 year fixed as low as 4.4% but we have seen a slight move higher over the last few days.
Even though mortgage interest rates have moved up slightly there are still many opportunities to save a significant amount of money. Many homeowners could save several hundred dollars by refinancing in the current economic environment. There many mortgage calculators available online to help determine just how much you can save by refinancing.
It is very important to remember that not all Americans will have the ability to refinance to the lowest mortgage interest rates. You will need a very good credit score in a significant amount of home equity to have any opportunity to lock in to the lowest possible rates at the present time.
With this being the case it is always wise to check your credit report at least once a year. With the government offering one free annual credit report there is no reason that Americans cannot make certain that they are credit report is not free of errors and inaccuracies.
Author: Mike Garner
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