Today’s Top Mortgage Lender Rate Report on 1/27/2011

It looks like mortgage rates at the top lenders in their typical home purchase and refinance programs today have remained the same, but a few, have increased from yesterday. Wells Fargo, which only very few changes were made every day in recent times the purchase prices and refinancing the same as yesterday. Chase seems to have most of the changes take effect today. Fixed prices in the two went first mortgage and refinance programs. Bank of America came up with the 30-year fixed rates as part of its refinancing program. Overall, prices seemed to increase today.

Wells Fargo Home Purchase Prices:

30-year fixed 4.875%

30-year fixed FHA 4.750%

15-year fixed 4.250%

5-year ARM 3.250%

5-year ARM FHA 3.250%%

Wells Fargo Refinancing Rates:

30-year fixed 4.875%

30-year fixed FHA 4.750%

15-year fixed 4.250%

5-year ARM 3.375%

5-year ARM FHA 3.250%

Chase Home Purchase Prices:

30-year fixed 4.875%

15-year fixed 4.125%

7 / 1 ARM 3.750%

5 / 1 ARM 3.250%

Chase refinance rates:

30-year fixed 4.875%

15-year fixed 4.125%


  
7 / 1 ARM 3.875%

5 / 1 ARM 3.375%

Bank of America Home Purchase Contract prices:

30-year fixed rate 4.750%

5-year ARM 3.000%

30-year fixed-rate interest only 5.375%

5-year ARM, interest only 3.375%

Bank of America refinancing rates:

30-year fixed rate 4.875%

5-year ARM 3.125%

30-year fixed-rate interest only 5.375%

5-year ARM, interest only 3.500%

PNC Home Purchase Contract prices:

10-year fixed rate 4.125% - 4.875%

15-year fixed rate 4.250% - 5.125%

20-year fixed rate 5.000% - 5.750%

30-year fixed rate 4.875% - 5.375%

PNC refinancing rates:

10-year fixed rate 4.125% - 4.875%

15-year fixed rate 4.250% - 5.125%

20-year fixed rate 5.000% - 5.750%

30-year fixed rate 4.875% - 5.375%