Capital One mortgage rates show little movement on Wednesday. The 30-year fixed rate mortgage is published at 4.000% with a 4.052% APR. The shorter-term 15-year fixed mortgage is published with an interest rate of 3.250% and a 3.377% APR. Buyers can lock into a 5/1 ARM at Capital One with a rate as low as 3.000% for the first 5 years and a corresponding APR of 2.885%. The 7/1 ARM is published at 3.125% for the first 7 years with a 2.981% starting APR.
Capital One offers larger conforming loans with balances between $417,000 and $625,500 in designated areas. A larger 30-year fixed loan is published at 4.000% today with a 4.029% APR. The 15-year larger mortgage is quoted with a rate of 3.250% and a 3.301% APR. For greater flexibility and the lowest rate, a larger 5/1 ARM is quoted at 3.125% for the first five years with a 2.907% APR to start.
Jumbo loan borrowers will qualify for Capital One’s lowest mortgage rates. A 30-year jumbo mortgage is advertised at 3.875% today with a 3.896% APR. The shorter-term 15-year jumbo loan is published at 3.625% with a 3.663% APR. For more flexibility, buyers can lock into a 5/1 jumbo ARM at 2.750% for the first 5 years and a 2.770% starting APR. This is the lowest rate of the day.
Capital One’s Best Refinance Rates
Homeowners who want to refinance into a lower rate will find competitive rates at Capital One on Wednesday. The 30-year fixed refi loan is published at 4.000% with a 4.063% APR. Homeowners can lock into the more popular 15-year refinance loan at 3.375% with a 3.468% APR. For the lowest rate and savings, homeowners can get a 5/1 refinance ARM at Capital One today with a 3.125% interest rate for the first five years and a 2.939% starting APR.
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.