Best Mortgage Rates Today May 14, 2012

Best Mortgage Rates Today May 14, 2012 : Over a period of several weeks where the lowest mortgage rates in US history have become an everyday expectation, Wells Fargo (NYSE:WFC) has consistently offered market leading deals across both home purchase and refinance packages. Today once again looks to be no exception to the rule as those banking with Wells Fargo this Monday are guaranteed some of the best deals to be found anywhere across the industry as a whole.

For those looking to invest in a new or used home purchase with the assistance of Wells Fargo today, the standard 30 year fixed rate package is being advertised for 3.625% and with an APR of 3.963%, while the 15 year alternative on the other hand is now at 2.750% and APR of 3.239%.

30 year FHA home purchase loans can today be locked in for a low 3.500% in interest and an APR of 4.196%.

Those preferring to take out adjustable rate mortgages (ARM) for home refinance will today find Wells Fargo offering the 5/1 ARM for a starting rate of 2.375% and an APR of 3.257% variable, while the FHA 5/1 ARM on the other hand is now at 2.750% to begin and carries an APR of 2.869% variable.

Moving on to the better examples of home refinance rates on offer from Wells Fargo today, beginning with the standard 30 year fixed rate deal at a daily low of 3.875% and an APR of 4.248%. The 15 year fixed rate loan is likewise at an incredible low, today at 2.875% and APR of 3.386%.

FHA versions of the 30 year fixed rate refinance loan can be taken out for 3.750% and APR of 4.463%.

Among the very best adjustable rate refinance mortgage rates on offer today are the standard 5/1 ARM which now opens at 2.375% and carries an APR of 3.279% variable, along with the FHA 5/1 ARM now at 2.750% to start and APR of 2.869% variable.

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