Daily Mortgage Rates Summary at Capital One Bank (January 16, 2014)

Daily Mortgage Rates Summary at Capital One Bank January 16 2014Being one of the leading mortgage lenders, Capital One Financial Corp (NYSE: COF) made no pleasant or unpleasant change to its benchmark 30 year fixed mortgage interest rates on January 16, 2014. Though the jumbo home loan options ticked up a bit today, the other home loan packages are coming out at the same interest rate as yesterday.

According to the latest mortgage rate information released by the US based lender, the long term, 30 year fixed rate mortgage home loans are being advertised at an interest cost of 4.375% and are carrying an annual percentage rate of 4.378% this Thursday. Alternatively, the short term, 15 year fixed rate home loan deals can be had at an interest cost of 3.500% and an annual return of 3.506% today.

The mortgage shoppers, who are seeking financial help from Capital One Financial for helping them with their expensive home purchase, can find the jumbo versions of the best 30 year fixed rate mortgage packages published in the bank’s books at an interest rate of 4.625% and are backed by an APR yield of 4.626%. On the other hand, the 15 year jumbo fixed rate home loan plans are carrying an interest cost of 4.000% and an annual percentage rate of 4.002% today.

For the home loan borrowers, who are looking forward to enjoy flexible home loan rates, can reap the benefits of best 5 year adjustable rate mortgage plans, which are now available at a starting interest rate of 3.125% and are accompanied by an APR yield of 2.965%. However, the more flexible, 7 year adjustable rate home loan schemes can be had at a lending rate of 3.500% and a starting annual return rate of 3.167% on the initial amount of loan taken from the bank.

According to a recent study of a Public Interest Research Group, based on the Consumer Financial Protection Bureau’s credit card complaints, Capital One Financial rules the list of most complained about credit companies.  From September 2010 till November 2013, Capital One Financial credit cards accounted for over 21% of the consumer heartburns.

Of all the existing credit card holders of the bank, 1044 have been troubled by the disputed service of Capital One Financial. This necessarily point out towards the fact that every one of the five customers of Capital One Financial has been a victim of the disputed credit card services.

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.