On Wednesday, August 27, 2014 the home mortgage rates at Capital One Financial Corp (NYSE: COF) remained unchanged as there were no positive or negative alterations in the interest rates. The standard home mortgage rates at Capital One Financial didn’t show any signs of changing and therefore the potential home loan buyers who were looking to acquire such mortgage plans might get a bit disappointed with no positive changes being made in the rates of interest on Wednesday.
The benchmark 30 year fixed rate home mortgage schemes were listed at an interest rate of 4.125% which is similar to what it was yesterday. The benchmark schemes did yield an annual percentage rate of 4.153%. The 15 year short term fixed rate mortgage schemes started at 3.375% interest rate yielding an APR of 3.442%. The interest rate on the short term loans also remained unchanged today.
The potential home loan buyers who are in search of expensive home mortgage deals for financing their dream of buying a costly penthouse, can opt for the standard 30 year jumbo fixed rate mortgage plans at Capital One Financial. The 30 year fixed rate jumbo plans can be acquired for 4.250% interest rate and a starting APR of 4.264%. The short term 15 year jumbo loans can be acquired at a starting rate of interest of 3.750% and an annual percentage rate of 3.774%. The interest rates on jumbo schemes is a bit higher than it is for the traditional mortgage schemes.
The adjustable rate mortgage options for 5 years stand at 3.125% interest rate as on Wednesday, August 27, 2014. They did yield an annual percentage rate of 2.988%. On the other hand, the 7 year adjustable rate mortgage schemes have been published at 3.250% rate of interest with an APR of 3.074%. All the flexible mortgage options offered by the bank are affordable in nature can be had easily.
Mainly due to several strategic acquisitions the Capital One Financial has completely changed from a basic credit card firm to a wide ranging holding company, which provides an all-inclusive spectrum of fiscal products. It can be easily divided into 3 major segments: commercial banking, consumer banking and credit cards. The credit card’s huge segment is the major one. This entire segment is quite sensitive in terms of economic downturns. It remains to be seen how far the banking institution goes in the upcoming future.
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.