For the mortgage shoppers, who are planning on securing finances to deal with their expensive realty investments, Capital One bank offers jumbo versions of its popular 30 year fixed rate mortgage home loan plans at an interest rate of 4.250% and an APR yield of 4.264%. The relatively shorter and the less expensive, 15 year jumbo fixed rate mortgage home loan schemes can be locked in at an interest rate of 3.750% and an annual return rate of 3.774% today.
Heading towards the flexible home loan division, the potential home buyers, who are interested in locking in home loans at variable interest rates, can opt for the best 5 year adjustable rate mortgage loans, which are now up for grabs at an interest rate of 3.000% and an annual percentage rate of 2.862% during the starting years of the home loan deals. The more flexible, the 7 year adjustable rate mortgage home loan options can be seen advertised at a lending rate of 3.125% and being backed by an APR yield of 2.948% on the principal amount of home loan taken from the bank.
Mortgage interest rates published by the bank normally move up and down depending upon the change in prices of mortgage backed financial bonds and securities traded in the financial market, which are known to fluctuate with the current stock market movements. As the Wall Street waned towards the end of the trading day and left the DJIA index at 15337.70, the bank followed its footsteps blindly and published its mortgage interest rates accordingly. Irrespective of the rates, stock price of COF shares reached a new mark of 67.60 after a hike of +0.59 price points today.
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