Wells Fargo Refinance Mortgage Rates – 30 Year Fixed Interest Rates Rise But Still Near Lowest All Time Levels

Posted on | October 28, 2010 | No Comments

Almost all American homeowners are aware of the fact that refinance mortgage rates are very close to all-time lows. But this being the case many Americans are seeking Wells Fargo refinance mortgage rates for an opportunity to save money on a monthly home loan payment. At the present time we are seeing 30 year fixed rates around 4.2% for well-qualified borrowers.


To be a well qualified borrower it will be the case that a 740 or higher credit score is needed combined with a debt to income ratio that is below 40%. Without these requirements it will be very hard to lock in the lowest refinance mortgage rates at the present time. Unfortunately, many Americans have seen their credit score drop which in turn has caused huge problems when it comes to borrowing money.


Taking the time and effort to complete due diligence and research could be very important when it comes to locking in the lowest Wells Fargo refinance mortgage rate. Remember that Wells Fargo is one of the largest mortgage lenders in the country but they are definitely not the only option when it comes to finding the lowest possible mortgage interest rates today.

Author: Mike Garner

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