Wells Fargo Refinance Mortgage Rates – 30 Year Fixed Rates at 4.79%
Posted on | January 28, 2010 | No Comments
For the entire month of January Wells Fargo refinance mortgage rates have been in a tight range between 4.8% and 5%. Just recently we have seen the 30 year fixed mortgage rate drop below this level to 4.79%. It will be very interesting to see if mortgage rates continue to drop with any clear conviction.
With mortgage rates still well below 5% many homeowners are finding it very attractive to refinance their homes. If you have been thinking about refinancing your current home loan their many options available. Most mortgage lenders are currently advertising rates well below 5% so you should not have difficulty finding a lender.
It is important to understand that not everyone will qualify for mortgage interest rates below 5%. If you have very little equity in your home and a credit score below 740 you are going to find great difficulty getting a mortgage interest rate at the advertised low levels. There is a good chance that you could still benefit if you can save at least one full percentage point on your home loan rate.
Wells Fargo has positioned themselves very well when it comes to mortgage interest rates. By doing any searches on the Internet you are likely to find Wells Fargo near the top of the page. This strength in marketing means that they are willing to do what it takes to gain you as a customer and help you to get access to low mortgage rates.
Author: Alan Lake
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