Today might just be another happy day for a majority of loyal and potential customers, who are expecting to avail the home financing benefits of the ideal mortgage plans offered by Capital One Financial Corp (NYSE: COF). In the new mortgage information released by the bank on February 19, 2014, the benchmark 30 year fixed mortgage interest rates are still hanging around the same numbers as in the yesterday’s mortgage rate charts.
From the borrowers, who are interested in acquiring the standard, long term, 30 year fixed rate mortgage home loan deals this Wednesday, the bank is charging the same interest rates of 4.250% and offering an annual percentage rate of 4.253% today. When it comes to the short term financing options, the interested borrowers can reap the benefits of the 15 year fixed rate mortgage home loans, which are now being traded at an interest price of 3.375% and are backed by an APR yield of 3.381% today.
In the unique lending section, the potential customers, who are looking forward to make an expensive home investment and are hoping to get it financed from Capital One Financial, will find the ideal 30 year jumbo fixed rate mortgage home loans being traded at an interest rate of 4.125% and an annual percentage rate of 4.126% today. For the seekers of relatively shorter home loan deals, the bank is offering its best 15 year jumbo fixed rate mortgage plans at an interest cost of 3.500% and an APR yield of 3.502% today.
The mortgage shoppers, who are in search of flexible home loan rates, the US based mortgage lender publishes the perfect, 5 year adjustable rate mortgage deals in its loan portfolio at an interest price of 3.000% and an annual percentage rate of 2.839% today. However, in the more flexible lending section, the borrowers can find the 7 year adjustable rate mortgage plans coming out at a starting interest cost of 3.375% and an annual return rate of 3.041% to begin with.
The mortgage home loan interest rates published by banks are generally affected by the fluctuations in the rates of mortgage backed financial instruments, which trail the stock market movements normally. As the stock market lost its ground closer to the end of the trading day and left the DJIA index at 15337.70, after a fall of -113.35, the bank took the lead and moved in the same direction for quoting its lending rates. However, irrespective of the mortgage rates, the stock price of COF shares touched new heights after a nice spike of +0.88%.
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.