Capital One Financial Corp (NYSE: COF) offers exceptional home mortgage rates for financing home purchase deals. On Wednesday, August 20, 2014 Capital One Financial Corp chose to make no major changes in its benchmark 30 year fixed rate mortgage schemes. Capital One Financial (NYSE: COF) did offer the short term mortgage schemes too at similar rates on Wednesday. People looking to buy home mortgage schemes for financing their dream of purchasing a house might not find any favorable changes in the rates of interest at the Capital One bank.
The popular 30 year fixed rate mortgage schemes at Capital One Financial were listed at an interest rate of 4.125% on August 20, 2014. These loans did yield an annual percentage rate of 4.153% which is a decent rate by all means. The short term 15 year fixed rate mortgage schemes are listed at a rate of interest of 3.375% in addition to an annual percentage rate of 3.424%. There were no major changes in the shorter variants of the benchmark loans as well.
The Capital One Financial even offers the higher interest Jumbo loans for both 30 and 15 years. The long term 30 year jumbo mortgage schemes are available at an interest rate of 4.125% yielding an annual percentage rate of 4.159%. The rate of interest and APR for jumbo loans is a bit higher than the traditional schemes. The short term 15 year jumbo loans are being provided to the customers at 3.625% interest rate and an annual percentage rate of 3.685%.
The bank also deals in more flexible home mortgage schemes known as adjustable rate mortgage plans. The 5 year adjustable rate mortgages have been quoted at 3.000% interest rate at Capital One Financial with an adjustable percentage rate of 2.862%. The adjustable rate mortgage interest rates in the 7 year variants are on the books at 3.125% interest rate today yielding an APR of 2.948%.
As per reports, the Monterey County’s proposed deal of purchasing the Capital One office complex would surely save taxpayers about 21 million USD over the next few years, but it could certainly end up harming the Salinas city economy by eventually making it harder to revive downtown, upending the city’s real estate market, and even producing some more greenhouse gas emissions. The site belonging to Capital One will be precisely used for housing just about everything right from the Resource Management agency to the elections department and the water resources agency.
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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