Tuesday, June 21, 2016

Mortgage Rates, Tuesday, June 21: Wells Fargo, Chase and BOA

A survey of national lenders Tuesday reveals the mortgage rates of Wells Fargo, Chase and Bank of America. Generally, rates are edging slightly today.

Mortgage Rates 6/21

  30-year fixed 15-year fixed 5/1 ARM
Wells Fargo 3.8% APR 3.09% APR 3.37% APR
Chase 3.57% APR 2.93% APR 3.32% APR
Bank of America 3.76% APR N/A 3.30% APR

Homeowners looking to lower their mortgage payment can find refinance rates here.

Federal Reserve Chair Janet Yellen will appear before Congress today. Market watchers will be looking for any hint regarding monetary policy, which could also move the market.

NerdWallet daily mortgage rates are an average of the lowest published APR for each loan term offered by a sampling of major national lenders. Annual percentage rate quotes reflect an interest rate plus points, fees and other expenses, providing a more accurate view of the costs a borrower might pay.

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