Wells Fargo Refinance Mortgage Rates – Fixed September 13 Home Loans Near All Time Lows as 10 Year Yield Hits 1.95%
Posted on | September 13, 2011 | Comments Off
Over the last several months the 10 year treasury rate yield has struggled to find a bottom. In fact, the 10 year yield is getting very close to all time low levels as it recently hit 1.95%. With this being the case many hard working Americans are looking to refinance their home loan to a lower rate.
With this being the case it comes as little surprise to see many hard-working Americans seeking Wells Fargo refinance mortgage rates on September 13. At the present time we are seeing 30 year fixed mortgage rates as well as 4% for some borrowers who have an amazing financial history.
Although this is true it is still the case that there are many Americans who are going to greatly struggle when it comes to locking in the lowest interest rates the present time. To lock in the lowest rates and individuals will generally need a credit score above 740 and a very low debt to income ratio below 40%.
It is also important to recognize that Wells Fargo is one of the largest mortgage lenders in the country but definitely not the only option when it comes to finding low home loan interest rates in September. In fact, the FDIC currently insures over 7000 financial institutions many of which offer home loan products.
With this in mind it might be a good choice to check out the competition before making any final decisions. By checking out the competition individuals could end up saving a significant amount of money by negotiating lower costs and fees or negotiating lower interest rates when compared to other lenders. The FDIC search tool is free to all and should help individuals find any mortgage lender throughout the country.
Author: Jeremy North
Tags: fixed home loan rates > fixed mortgage interest rates > fixed september home loans > home loan interest rates > wells fargo home loan rates > wells fargo refinance mortgage rates