Capital One Increased its Mortgage Home Loan Rates a bit on February 25, 2014

Dealing with regular ups and downs in the past few days, the fixed and the flexible mortgage interest rates at Capital One Financial Corp (NYSE: COF) grabbed the higher end of the price chart on February 25, 2014. Though the interested borrowers will find the benchmark 30 year fixed mortgage interest rates sitting at the same price spot as yesterday, the other mortgage offerings can be seen coming out at relatively higher interest rates today.

In the standard, long term home loan section, the potential home buyers can find the 30 year fixed rate mortgage home loans being published next to a lending charge of 4.375% and an annual percentage rate of 4.378% today. On the other hand, the mortgage shoppers, who are looking out for the relatively short term lending options, can secure the ideal 15 year fixed rate mortgage home loan deals at an interest rate of 3.500% and an annual percentage yield of 3.506% today.

For the mortgage seekers, who are planning on making an expensive investment in the realty market and are looking forward to secure monetary help from Capital One Financial, can spot the best 30 year jumbo fixed rate mortgage home loans coming out at an interest price of 4.125% and an annual return rate of 4.126% today. When it comes to the short term loan offerings, the customers can lock in the 15 year jumbo fixed rate mortgage packages at an interest price of 3.625% and an APR yield of 3.627% today.

As far as the adjustable rate mortgage options are considered, the bank is currently offering its best 5 year variable rate home loan deals at a starting interest rate of 3.000% and an APR yield of 2.839% to begin with. However, for the seekers of more flexible interest rates, the bank publishes 7 year adjustable rate mortgage plans at a starting interest price of 3.250% and an APR yield of 2.983% on the basic amount of loan sanctioned by the bank.

Mortgage interest rates quoted by banks are often affected by the fluctuations in the prices of mortgage backed financial instruments, which normally move up and down on the basis of stock market movements. As the Wall Street plummeted towards the end of the day and left the DJIA index at 15337.70, the bank tracked its movement and rated its mortgage offerings accordingly. However, the stock price of COF shares rose up by +0.59% and closed at 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.

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About the author

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