Capital One Financial Quotes Same Mortgage Interest Rates on July 16, 2014

Capital One Financial Quotes Same Mortgage Interest Rates on July 16, 2014In the most recent mortgage home loan data released by the popular US based mortgage lender, Capital One Financial Corp (NYSE: COF), on July 16, 2014, the benchmark 30 year fixed mortgage interest rates can be seen hanging around the same spot as yesterday. The qualified mortgage shoppers, who are planning on securing ideal home loan deals from Capital One Financial, will find no change in the lending rates charged by the financier today.

To start with, in the long term lending section, the potential home buyers can spot the standard 30 year fixed rate mortgage home loans being traded at an interest rate of 4.125% and carrying an annual percentage rate of 4.174% this Wednesday. In the relatively shorter lending section, 15 year fixed rate mortgage home loan deals are listed at an interest rate of 3.375% and an APR yield of 3.424%.The borrowers, who are planning on seeking financial help from the US based lender for funding their expensive home investments, can find the jumbo versions of 30 year fixed rate mortgage options quoted in the bank’s books at an interest rate of 4.500% and backed by an APR yield of 4.514%, which is a bit higher than the returns offered by non-jumbo financing options. In the short term home loan section section, the 15 year jumbo fixed rate mortgage home loans can be seen traded at an interest cost of 3.875% and carrying an annual return rate of 3.917% this Wednesday.

When it comes to adjustable rate mortgage home loans options, the interested borrowers can spot the 5 year deals being traded at an interest rate of 3.125% and being backed by an APR yield of 2.906% to start with. The more flexible, 7 year adjustable rate mortgage home loans are up for grabs at a starting lending cost of 3.250% and are accompanied by an annual return rate of 3.006% today.

The mortgage interest rates quoted by banks are normally affected by the upward and downward movement of the price of mortgage backed financial bonds and securities, which are known to follow the stock market movements quite closely. As the stock market waned towards the end of the trading day, and reduced the DJIA index by -113.35, Capital One Financial followed the stock market movement for publishing its interest rates. The price of the COF shares experienced a hike of +0.88% and closed at a new price point of 67.60.

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.

For comments and suggestions, leave a message in the comments section below. Like and Follow our Facebook page for more stories and to stay up-to-date with the latest happenings.

About the author

Rob is a analyst and reporter covering stocks and business news.