Wells Fargo Refinance Mortgage Rates – 30 Year Home Loans Dip to 4.65% for Well Qualified Homeowners
Posted on | December 21, 2010 | No Comments
Since the beginning of November Wells Fargo refinance mortgage rates have been as low as 4.0% and as high as 5.25%. At the present time we are seeing 30 year fixed home loan interest rates around 4.65% for well-qualified homeowners with a very impressive credit history.
It is important to remember that it takes an amazing financial history to have any opportunity to lock in to the lowest possible mortgage interest rates today. The credit score above 740, equity in a home, and a low debt to income ratio below 40% homeowners will likely position themselves very well when it comes to locking in the low rates.
The month of December is generally very slow when it comes to mortgage refinance applications due to the case that most Americans are more concerned with traveling for the holidays and purchasing Christmas gifts for children. With this being the case it comes as little surprise that in December of 2010 there has been very little interest in refinancing home loan especially with mortgage rates being so volatile.
Taking the time and effort to go above and beyond to do research online could prove to be greatly beneficial when it comes to locking in the lowest possible mortgage interest rates today. Luckily, with the advancements in technology, it is now easier than it has ever been to get mortgage rate information from the comfort of a home office or personal computer.
Before making any assumptions it is important to remember that each financial situation dictates the overall interest rate on a home loan. By making very strong financial decisions over the past several months and years it will likely be the case that homeowners will benefit in the form of lower interest rates. Do not be surprised to find some homeowners receiving 30 year fixed interest rates as low as 4.5% if they have been smart with their money.
Author: Jeremy North
Tags: 30 year home loan rates > 30 Year Mortgage Rates > wells fargo 30 year loan rates > wells fargo home loan rates > wells fargo refinance > wells fargo refinance mortgage rates
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