Wells Fargo Mortgage RatesWells Fargo reported record profits yesterday largely from their mortgage banking operations. The bank received $190 billion in mortgage applications in the quarter, a large percentage of the applications came in the month of March when mortgage interest rates started to drop. Based on their record profit we figured we would take a look at their mortgage rates to see how competitive their rates are. Their mortgage rates aren't the lowest rates around, but they are very competitive for a large bank. The national average APR for a 30-year fixed conforming loan is 4.985 percent¹, Wells Fargo's rate on a 30-year fixed conforming loan is 5.086 percent². Lender
APR / Rate
Fees / Points
Payment
 NMLS #2326098
License: 60DBO-181478
4.783%
15-Year Fixed
4.625%
$4,409
Includes 0.614 points for $2,456
Lender Fees: $1,953
$3,086 /mo
 NMLS #1689962
License: 02053435
4.873%
15-Year Fixed
4.750%
$3,280
Includes 0.820 points for $3,280
Lender Fees: $0
$3,112 /mo
 NMLS #1025894
4.978%
15-Year Fixed
4.875%
$2,736
Includes 0.509 points for $2,036
Lender Fees: $700
$3,138 /mo
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30-Year Fixed
5.500%
$4,228
Includes 0.875 points for $3,500
Lender Fees: $728
$2,272 /mo
 NMLS #3030
5.654%
15-Year Fixed
5.500%
$4,000
Includes 1.000 points for $4,000
Lender Fees: $0
$3,269 /mo
NMLS #2326098
License: 60DBO-181478
5.726%
30-Year Fixed
5.625%
$4,637
Includes 0.671 points for $2,684
Lender Fees: $1,953
$2,303 /mo
NMLS #1689962
License: 02053435
5.829%
30-Year Fixed
5.750%
$3,432
Includes 0.858 points for $3,432
Lender Fees: $0
$2,335 /mo
 NMLS #401822
5.905%
15-Year Fixed
5.750%
$4,000
Includes 0.000 points for $0
Lender Fees: $4,000
$3,322 /mo
NMLS #401822
5.933%
30-Year Fixed
5.750%
$8,000
Includes 1.000 points for $4,000
Lender Fees: $4,000
$2,335 /mo
NMLS #1025894
5.956%
30-Year Fixed
5.875%
$3,504
Includes 0.701 points for $2,804
Lender Fees: $700
$2,367 /mo
NMLS #2326098
License: 60DBO-181478
6.258%
5-Year ARM
6.125%
$5,853
Includes 0.975 points for $3,900
Lender Fees: $1,953
$2,431 /mo
NMLS #3030
6.458%
30-Year Fixed
6.375%
$3,500
Includes 0.875 points for $3,500
Lender Fees: $0
$2,496 /mo
Rate data provided by RateUpdate.com. Displayed by ICB, a division of Mortgage Research Center, NMLS #1907, Equal Housing Opportunity. Payments do not include taxes and insurance premiums. Actual payments will be greater with taxes and insurance included. Rate and product details.
For a 15-year fixed conforming mortgage the national average is 4.702 percent¹ and Wells Fargo's rate on a 15-year conforming mortgage is 4.989 percent². Here are the rest of Wells Fargo mortgage rates as of 4/11/09. Check Wells Fargo's website for more recent rates.
¹The national average rates as reported by Informa Research Services, Inc.. ²Wells Fargo rates as of 4/11/09. Explore Other Mortgage and Refinance Offers
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