Best Capital One Mortgage Rates for October 23, 2014
Rates have moved upward on some popular loan products at Capital One. The standard 30-year fixed rate mortgage is quoted at the same 3.875% interest rate today with an APR of 3.927%. The shorter-term 15-year fixed loan is quoted higher today at 3.250% with a 3.341% APR. Buyers can lock into a 5/1 ARM today at 2.875% for the first five years with an APR of 2.852% to start. The 7/1 adjustable rate mortgage is advertised at 3.000% for the first seven years with a starting APR of 2.933%.
Capital One offers larger conforming loans in designated high-cost areas. A larger 30-year fixed mortgage is quoted today at 3.875% with an APR of 3.935%. The popular 15-year fixed loan with a larger balance is quoted at 3.125% with a 3.176% APR. A larger 5/1 ARM is quoted at 3.000% today for the first five years with a starting APR of 2.864%. The larger 7/1 adjustable rate mortgage is quoted at 3.250% for the first seven years with a starting APR of 3.027%.
The best rates at Capital One are reserved for jumbo loan borrowers. A 30-year fixed jumbo mortgage is quoted at 3.750% today with a 3.781% APR. The 15-year jumbo loan is offered as low as 3.500% with a 3.556% APR at Capital One. Buyers can lock into a 5/1 jumbo ARM at an interest rate of 2.500% for the first five years with a starting APR of 2.685%. The 7/1 jumbo ARM is quoted at 2.750% for the first seven years with a 2.789% APR to start.
Capital One Refinance Rates
For homeowners who want to refinance their existing mortgage, Capital One Financial advertises the standard 30-year fixed refi loan at 4.000% today with an APR of 4.053%. The shorter-term 15-year refinance loan is offered as low as 3.375% with an APR of 3.468%. Homeowners can lock into a new 5/1 ARM refinance at 3.125% for the first five years with a starting APR of 2.929%. The more popular 7/1 refi ARM is offered at 3.250% locked for seven years with an APR of 3.030% to start.
Disclaimer: The advertised rates were submitted by each individual lender/broker on the date indicated. Rate/APR terms offered by advertisers may differ from those listed above based on the creditworthiness of the borrower and other differences between an individual loan and the loan criteria used for the quotes.