Capital One has posted lower competitive rates for jumbo loans. Buyers can lock into a 30-year fixed jumbo mortgage at a 4.125% interest rate with an APR of 4.147% or a 15-year jumbo loan with an interest rate of 3.750% with an APR of 3.788%. A 5/1 jumbo ARM has a published rate as low as 2.750% for five years with an APR of 2.862%. A 6/1 jumbo adjustable rate mortgage is published at 3.125% for seven years with an APR of 3.010%.
Capital One is offering new lower deals on refinance loans as well. Well qualified homeowners can lock into a 30-year refinance loan at 4.125% with an APR of 4.178%. A 15-year refi loan is published at 3.500% with an APR of 3.593%. Homeowners who want greater flexibility can lock into a 5/1 ARM refinance at 3.125% with a corresponding APR of 3.021% or a 7/1 ARM with a rate of 3.250% for seven years with an APR of 3.098%.
Capital One mortgage rates assume excellent credit history with a 40% down payment. Visit Capital One’s website for a customized rate quote.
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