Wells Fargo Refinance Mortgage Rates – Home Loan Interest Rates at 4.35% for 30 Year Fixed

Posted on | August 23, 2010 | No Comments

Wells Fargo refinance mortgage rates have been a very hot topic of discussion over the last several weeks as many American homeowners are looking to refinance to a lower monthly mortgage payment. We are currently seeing home loan interest rates at 4.35% for the 30 year fixed mortgage but it is very important to understand that not all homeowners will be able to lock into a rate this low.


To get the lowest possible mortgage interest rates it will take a very good credit score, usually about 740, a significant amount of home equity and a low debt to income ratio that is preferably below 40%. By meeting all these requirements homeowners will position themselves very well to receive the lowest refinance mortgage rate quotes available at the present time.

Before making any final decisions when it comes to walking into low refinance rates is important to remember that there are closing costs involved in this process. With the many mortgage calculators available online homeowners are urged to include closing costs when determining what interest rate they must receive to save the most money in August of 2010.

Author: Mike Garner

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