Mortgage rates are largely flat at Capital One Financial on November 5. The benchmark 30-year fixed mortgage is advertised at 4.000% today with an APR of 4.052%. The shorter-term 15-year fixed mortgage is quoted at 3.375% today with a 3.466% APR. Buyers can lock into a 5/1 adjustable rate loan at 3.000% for the first five years with a starting APR of 2.895%. The 7/1 ARM is quoted as low as 3.125% for the first seven years with a corresponding APR of 2.981% to start.
Capital One Financial offers larger conforming loan amounts between $417,000 and $625,5000 in federally designated areas. The 30-year larger fixed loan is quoted at 4.000% with a 4.029% APR. Buyers can lock into a larger 15-year purchase loan at 3.250% with an APR of 3.337%. The larger 5/1 ARM is offered at 3.125% today with a starting APR of 2.907%. A larger 7/1 adjustable rate loan is quoted at 3.375% for the first seven years with an APR of 3.076% to start.
The lowest rates at Capital One are reserved for jumbo borrowers. A 30-year jumbo mortgage is quoted at 3.875% with an APR of 3.907%. A shorter-term 15-year jumbo loan is quoted at 3.625% today with a 3.663% APR. Jumbo loan borrowers can qualify for the lowest rate of the day: an interest rate of 2.750% for a 5/1 jumbo ARM with a starting APR of 2.780%.
Refinance Rates at Capital One
The standard 30-year refinance loan is advertised at 4.000% at Capital One on Wednesday. The 15-year fixed refinance loan, the most popular refinance option, is quoted at 3.375% with a 3.486% APR. Homeowners can refinance into a 5/1 refi ARM at 3.250% for the first five years and an APR of 2.983% to start for greater flexibility.
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.