Current Mortgage Rates at Capital One Moved Up on July 31

Current Mortgage Rates at Capital One Moved Up on July 31

Mortgage Rates by Capital One moved up on July 31 under both Fixed Rate and Adjustable Rate Mortgage Loan categories.

 

For the lesser loan amount of up to $417,000, than bank offered an interest rate of 4.250% for their benchmark 30 year fixed rate mortgage loan along with an APR rate of 4.279%. Details about their 15 year fixed rate mortgage loans are as follows.

Fixed Rate Mortgage Loans: Capital One July 31

15 Years Fixed Rate: 3.500% Interest Rate 3.549% APR

30 Year Fixed Rate: 4.250% Interest Rate 4.279% APR

 

The mortgage rates and APR under the Adjustable Rate Mortgage category also increased today with more details about 5/1 and 7/1 ARM shared below.

Adjustable (ARM) Mortgage Loans: Capital One July 31

5/1 Adjustable Rate 3.125% Interest Rate 2.988% APR

7/1 Adjustable Rate 3.250% Interest Rate 3.074% APR

 

Mortgage Loan Rates for $417,001 to $625,500

Mortgage rates for higher loan amount follows the same trend with interest rates for most of their products increased or remained same on Thursday. More details about their fixed rate and adjustable rate mortgage loans are shared below for 31st of July.

Fixed Rate Mortgage Loans: Capital One July 31

15 Years Fixed Rate: 3.375% Interest Rate 3.442% APR

30 Year Fixed Rate: 4.250% Interest Rate 4.268% APR

Adjustable (ARM) Mortgage Loans: Capital One July 31

5/1 Adjustable Rate 3.125% Interest Rate 2.988% APR

7/1 Adjustable Rate 3.500% Interest Rate 3.181% APR

 

For Loan Amount Greater than 625,501

Under their larger loan categories, Capital One offered following new interest rates and APR on 31st July.

Fixed Rate Mortgage Loans: Capital One July 31

15 Years Fixed Rate: 4.000% Interest Rate 4.024% APR

30 Year Fixed Rate: 4.625% Interest Rate 4.639% APR

Adjustable (ARM) Mortgage Loans: Capital One July 31

5/1 Adjustable Rate 2.750% Interest Rate 2.854% APR

7/1 Adjustable Rate 3.250% Interest Rate 3.060% 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.

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About the author

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