Wells Fargo Home Equity Loan Interest Rates

The index as of the last change date of march 16 2020 is 3 25.

Wells fargo home equity loan interest rates.

While they don t offer a traditional home equity loan consumers can get a fixed rate advanced or a variable heloc at competitive rates. Estimate the rates and payments of a new mortgage refinance or home equity line of credit using today s mortgage rates with the wells fargo mortgage rate calculator. If you d like a fixed interest rate a fixed rate advance option may be the right choice for you. An arm or adjustable rate mortgage is different from its fixed rate counterpart in that your interest rate and apr will vary throughout the loan s life.

Wells fargo home mortgage loans. In essence these are meant to shrink your payments during the initial payment period which in the case of wells fargo is either five or seven years. Use annual percentage rate apr which includes fees and costs to compare rates across lenders rates and apr below may include up to 50 in discount points as an upfront cost to borrowers and assume no cash out. Use our compare home mortgage loans calculator for rates customized to your specific home financing need.

The apr for a wells fargo home equity line of credit is variable and based on the highest prime rate published in the western edition of the wall street journal money rates table called the index plus a margin. Select product to see detail. Check back periodically as we regularly add new rates pages. Look up current rates on a variety of products offered through wells fargo.

Wells fargo is a leader in the mortgage industry and offers strong options when looking for a home equity line of credit. Many wells fargo home equity lines of credit already have this feature as part of the account. The fixed rate advance is a feature of your wells fargo home equity line of credit this option lets you enjoy the benefits of your line of credit and the ability to lock an interest rate on your balance for terms of 1 20 years.