Wachovia Interest Rates Update
Our job here at Interest Rates Reviews is to keep you updated on the latest Wachovia interest rates, as we’ve stated in the past. Today, we’re going to look at the latest in Wachovia CD rates, Wachovia mortgage rates, and Wachovia savings account rates.
Starting with the last one, let’s look at Wachovia savings account rates. Currently, standard savings are paying out 0.05% annual percentage yield (APY) with a minimum balance of $300 needed to avoid fees. To up those Wachovia interest rates, money market accounts are available that pay out 0.75% APY and require $2,500 in balance maintained to avoid fees.
For investment savings, a look at Wachovia CD rates is in order. These are tiered by term length, starting at 3 months, paying 0.15% APY. 6 months pays 0.35% APY, 9 month 0.45% APY, and 12 months at 0.55% APY. More Wachovia CD rates are on 18 months at 0.65% APY and 24 months at 0.75% APY. All of these require a minimum $1,000 to open and maintain for these Wachovia CD rates.
Finally, we turn to Wachovia mortgage rates. These will depend on your situation, of course, but assuming you have maximum qualifications (700+ FICO score, down payment, etc.), you could qualify for a good loan. Wachovia mortgage rates on a 30-year fixed mortgage is 5.571% annual percentage rate (APR). For a 15-year fixed, it’s 5.078% APR. For a 5-year adjustable rate mortgage (ARM), the Wachovia mortgage rate is 4.029% APR.
These are definitely great Wachovia interest rates worth looking into. As Wachovia merges with Wells Fargo, these rates will change, of course. All accounts that are eligible are FDIC insured to the fullest extent of the law.