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Wells Fargo in Montana seeks mortgage-processing help

January 21, 2009 /

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Wells Fargo is hiring 200 to 300 people to help process a deluge of mortgage refinance applications brought on by a drop in lending interest rates.

Mortgage rates are hovering at about 5 percent, and experts say they could drop even more later this year.

"With rates as low as they are, it’s an opportunity for people to look at the term of their loan and maybe refinance a 30-year loan for 15 years or save some money with a new interest rate," said Cristie Drumm, vice president of Wells Fargo regional banking communications in Denver.

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By LAURA TODE
Of The Gazette Staff

Full Story: http://www.billingsgazette.net/articles/2009/01/21/news/local/24-wellsfargo.txt

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