Today’s Top Mortgage Lender Rate Report on 1/31/2011

Last week started rising prices. Homeowners and home buyers should be happy to know that the prices went down today at Wells Fargo, Chase and Bank of America, with no sign of increase. refinance at Wells Fargo, only his 5-year arm under the program went. The rest of the major lenders in both prices and mortgage refinance programs appeared to have remained the same as they did last week. The majority of the rates changed today say Chase.Let could but today was a day to lock in an adjustable rate mortgage at Chase. And all the lenders refinance rates has been set.

At the end of the beginning of a new week of the regular 30-year fixed rates and poor man went to B & A. All B & A home purchase prices remained the same.

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 3.250% reduced

5-year ARM FHA 3.250%

Chase Home Purchase Prices:

30-year fixed 4.750%

15-year fixed 4.000%

7 / 1 ARM 3.625% reduced

5 / 1 ARM 3.125% reduced

Chase refinance rates:

30-year fixed 4.750% reduced


  
15-year fixed 4.000% reduced

7 / 1 ARM 3.750% reduced

5 / 1 ARM 3.250% reduced

Bank of America Home Purchase Contract prices:

30-year fixed rate 4.750%

5-year ARM 3.000%

30-year fixed-rate interest only 5.250%

5-year ARM, interest only 3.250%

Bank of America refinancing rates:

30-year fixed rate 4.750% reduced

5-year ARM 3.000% reduced

30-year fixed-rate interest only 5.375%

5-year ARM, lowered interest only 3.375%

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%