Wells Fargo Refinance Mortgage Rates – Late November Home Loan Interest Rates at 4.35% for 30 Year Fixed
Posted on | November 27, 2010 | No Comments
Wells Fargo refinance mortgage rates remain at extremely attractive levels as homeowners are looking to save money going into the Christmas holiday shopping season. In late November we are seeing home loan interest rates around 4.35% for the 30 year fixed mortgage. When looking at historical chart of mortgage rates it is quite clear that these are the lowest levels in the history of the US housing market.
Taking advantage of these currently low rates could help many Americans save quite a bit of money. Some Americans have found that they can save hundreds of dollars on a monthly mortgage payment which in turn will help them to keep extra money in their bank account through the terrible economic times.
What the unemployment rate still well above 9% and many Americans struggling to make ends meet when it comes to personal finances it comes as no surprise to see a large number of these people looking to save money. Unfortunately, it takes an amazing financial history to have any opportunity to lock in to the lowest possible mortgage interest rates today.
With a credit score above 740 and a very low debt to income ratio that is below 40% there are many homeowners who could benefit by going to the refinance process in November or December of 2010. Taking advantage of the current low interest rate environment would be a very smart financial decision for those who have made good financial decisions over the past several years and months.
Wells Fargo is currently one of the largest mortgage lenders in the country along with Citigroup, Bank of America and Chase but it is very important to remember that they are not the only option when it comes to locking in the lowest possible rates. There are local, regional and national mortgage lenders that can help almost all homeowners when it comes to gaining access to the currently low mortgage interest rates.
Author: Alan Lake
Tags: home loan interest rates > wells fargo home loan rates > wells fargo home loans > wells fargo interest rates > wells fargo refinance mortgage rates > wells fargo refinance rates
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