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Wells Fargo refinance mortgage rates have been very low for the entire year of 2010 and it looks as if interest rates will remain low in March. The 10 year treasury rate yield has broken below its 50 day moving average which has pushed conventional 30 year fixed mortgage rates to 4.75%.
Wells Fargo and most mortgage lenders will be willing to work very hard for your business. Make sure to take advantage of this as this is a very competitive industry. You should be able to get a general mortgage rate quote from many mortgage lenders. While getting this quote you should be able to determine the customer service you will receive.
Please understand that you can walk away from a mortgage lender at any time. Do not feel that you are locked in to a mortgage lender just because they took the time to give you a mortgage interest rate quote. There are many companies that will do this for you so make sure to pick the best one for your needs.
Many analysts have predicted that mortgage interest rates are going to move much higher starting in the spring of 2010. If this is the case you can expect 30 year fixed mortgage rates to move higher than 5.5%. You will want to take advantage of low rates now.
Author: Mike Garner