Wachovia Bank Mortgage Rates
If you’re in the market for a new home or to refinance an existing mortgage, you’re likely interested in knowing what Wachovia Bank home loans look like right now. Our job here at Interest Rates Reviews is to deliver that information to you.
Wachovia was bought out by Wells Fargo, but still operates under the Wachovia brand. Most mortgage rates at Wachovia Bank are competitive and right now, in fact, they’re beating the rates at Wells Fargo. They offer Wachovia mortgage rates for 30-year, 15-year, and 20-year as well as Jumbo and FHA mortgages.
For standard 30-year fixed rate Wachovia Bank mortgage rates, the annual percentage rate (APR) is 4.887% or 5.013% for an FHA 30-year. All of our number here assume credit worthiness and proper down payment, of course. The Wachovia Bank mortgage rates for a 15-year fixed is 4.842% APR while a 20-year fixed is 4.826%.
A special 30-year Jumbo mortgage (for large purchases, over the average for your area), mortgage rates at Wachovia Bank are 6.371% APR.
If you’re interested in an adjustable rate mortgage (ARM), then you’ll want to look at Wachovia Bank mortgage rates for these. A 3/1 ARM is 4.625% APR while a 5/1 ARM is 4.375% APR. These low interests hold for the term (3 or 5 years) of the ARM and adjust to the current 30-year rate and then adjust yearly after that, per the Wachovia Bank interest rates.
In our opinion, if you’re interested in finding a new or refinancing an existing mortgage, Wachovia Bank home loans are definitely worth looking into. They’ve also got Wachovia Bank interest rates at a competitive low for home equity loans.