Industry News

Wells Fargo rolling out 40-year fixed-rate mortgage

Loan aims to lower monthly payments
Published on Jul 25, 2006

Get Inman via Facebook Messenger
Our top headlines delivered once a day.
by CareyBot

Wells Fargo Home Mortgage said today it would join the growing club of lenders offering home buyers the option of a 40-year, fixed-rate mortgage. Wells Fargo is pitching the loan as a tool to bring down monthly payments in areas ...