Wells Fargo Home Equity Line Of Credit Interest Rates
However they have a special feature called interest caps.
Wells fargo home equity line of credit interest rates. Wells fargo doesn t offer variable rate lines of credit only fixed rate lines. 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. 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. These caps limit the amount of money you will have to pay as interest on your home equity line of credit which provides a great deal of predictability.
The index as of the last change date of march 16 2020 is 3 25. Check back periodically as we regularly add new rates pages. 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. Look up current rates on a variety of products offered through wells fargo.