Home mortgage schemes in the United States of America are offered by several popular banking institutions. However, Capital One Financial is one of the most reputed and experienced banks in the country that offers affordable fixed and flexible home mortgage schemes. The fixed rate standard schemes at Capital One as on September 11, 2014 stood at similar rates as they were yesterday. There were no major changes in the interest rates which is why the potential home loan buyers might get a bit disappointed.
The benchmark 30 year fixed rate mortgage rate of interest at Capital One (NYSE:COF) stood at 4.125% in addition to an annual percentage rate of 4.209%. The APR on these schemes too didn’t show any positive or negative changes today. The bank even offers the shorter variants of these loans. The 15 year fixed rate mortgage schemes were listed at 3.500% interest rate and an annual percentage rate of 3.592%.
For the more exclusive home mortgage buyers, the bank even offers high end jumbo schemes at lucrative rates. The 30 year jumbo mortgage schemes at Capital One Financial stood at 4.375% interest rate and an annual percentage rate of 4.397%. The 15 year jumbo mortgage schemes on the other hand stood at 3.875% interest rate and an APR of 3.913% which is more or less similar to what it was yesterday.
As far as adjustable rate mortgage schemes are concerned the 5 year ARMs stood at 3.125% yielding an APR of 3.011%. The long term 7 year ARMs were quoted at 3.250% interest rate with a 3.097% starting APR. The interest rates and APR on ARMs too remained unchanged today.
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.