Mortgage rates have moved down for many popular loan products at Capital One. The benchmark 30-year fixed rate loan is quoted lower today at 3.875% with an APR of 3.927%. Capital One advertises the 15-year fixed mortgage at 3.250% with an APR of 3.341%.
Borrowers can lock into a 5/1 ARM today at a lower 2.875% for the first five years with a corresponding APR of 2.934% to start. A 7/1 adjustable rate mortgage is advertised at a higher rate of 3.125% that is locked for the first seven years with an APR of 3.039% to start.
For larger conforming loans that exceed $417,000, Capital One offers a 30-year loan at 3.875% with an APR of 3.914%. A larger 15-year fixed loan is quoted at 3.125%, lower than the standard rate, with an APR of 3.194%. Borrowers can lock into a larger 5/1 ARM today at 2.875% for five years with an APR of 2.922% to start while the larger 7/1 ARM is quoted at 3.250% with an APR of 3.085% to start.
Capital One Financial offers jumbo loan mortgages to qualified buyers. A 30-year jumbo loan is quoted at 3.750% today with an APR of 3.771%, while a shorter-term 15-year jumbo mortgage is advertised at 3.375% with an APR of 3.431%. Jumbo loan borrowers who choose a jumbo ARM will get the best mortgage rates at Capital One. A jumbo 5/1 ARM is advertised at 2.500% for the first five years with an APR of 2.776%. A jumbo 7/1 ARM is quoted at 2.875% for the first seven years with an APR of 2.895% to start.
Capital One mortgage rates assume excellent credit and a 40% down payment. Borrowers who buy or refinance today can get $1,000 off closing costs.
Capital One Refinance Rates Today
Homeowners can refinance at Capital One and enjoy competitive rates. A 30-year fixed refi loan is quoted at 4.000% with an APR of 4.053%. A 15-year refinance mortgage is published at 3.375% today with an APR of 3.468%. Homeowners can lock into a 5/1 ARM refinance at 3.125% for the first five years with an APR of 2.929%. A 7/1 ARM refinance loan is quoted at 3.250% for the first seven years with an APR of 3.030%.
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.