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Mortgage Interest Rates Remain Flat at Capital One Financial on December 6, 2013

Mortgage Interest Rates Remain Flat at Capital One Financial on December 6, 2013

Business

Mortgage Interest Rates Remain Flat at Capital One Financial on December 6, 2013

Mortgage Interest Rates Remain Flat at Capital One FinancialFollowing some minor fluctuations, the benchmark 30 year fixed mortgage interest rates remain flat at Capital One Financial Corp (NYSE: COF) on December 6, 2013. As another week comes to an end, the new purchase and refinancing loans don’t appear to be providing the much needed relief to the potential borrowers.

According to the new mortgage data released by the bank, the standard 30 year fixed rate mortgage loans are still listed at the same interest rate of 4.375% and carry an annual percentage rate of 4.404% to start with. Likewise, the shorter, 15 year fixed rate mortgage home loans also remain sitting at the same interest point of 3.500% and carry an APR yield of 3.549%.

Capital One Financial also aims to help the customers to fulfill their bigger dreams by providing jumbo options for the best 30 year FRM deals at an interest cost of 4.500%, which come along with an APR yield of 4.514% today. The short term, 15 year jumbo home financing options stand listed against a lending charge of 3.875% and carry an APR yield of 3.899%.

Sometimes, the borrowers are keen on obtaining financing options with more flexible rates of interests. For catering to the needs of such potential home buyers, the lender publishes 5 year adjustable rate mortgage home loans in its portfolio against an interest charge of 2.875% and an APR yield of 2.901% to start with. However, the more flexible, 7 year adjustable rate mortgage deals can be acquired by bearing an interest burden of 3.375% and an annual percentage yield of 3.133%.

Lately, for the second year in succession, Capital One Financial Corp has found its place in the top 50 community minded financial companies in the United States. According to the Civic 50 survey, an annual initiative for identifying and recognizing the companies who commit to invest their precious time, talent as well as resources towards improving the quality of life of the people of the communities that they serve.

This survey has been completed by the National Conference on Citizenship (NCoC) and Points of Light, which is known to be one of the most definitive experts when it comes to civic engagements in the United States. Apart from this, the bank was also recognized as a leader in many other dimensions, including business integration, organizational commitment and measuring impact.

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.

About Stephany Wilson

Stephany Wilson covers business and finance related news.

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