Mortgage Interest Rates at Capital One Financial on June 5, 2014

Mortgage Interest Rates at Capital One Financial on June 5, 2014Despite regular changes in present day mortgage market, the popular US based lender, Capital One Financial Corp (NYSE: COF), did not make any relative change to its benchmark 30 year fixed mortgage interest rates on June 5, 2014. The potential home buyers, who are planning on having their realty investment financed through ideal fixed or flexible home loan deals, will find no change in the lending rates this Thursday.

To start with, in the standard, long term home loan section, the interested borrowers can spot the 30 year fixed mortgage home loan deals being advertised at the same interest rate of 4.125% and an annual percentage rate of 4.153% today. For the mortgage shoppers, who are planning on taking the shorter route to back their realty investment, the bank offers 15 year fixed rate mortgage home loan options at an interest rate of 3.375% and an APR yield of 3.424% today.For the interested borrowers, who are planning on funding their expensive home purchase through Capital One Financial, jumbo versions of the popular 30 year fixed rate mortgage packages can be seen published in the bank’s books at an interest rate of 4.250% and an APR yield of 4.264% today. The relatively shorter and less expensive 15 year jumbo fixed rate mortgage home loans are up for grabs at an interest rate of 3.750% and an annual return of 3.774% today.

As far as availing more flexible interest rates is concerned, the bank is now offering its best 5 year adjustable rate mortgage home loan packages at an interest rate of 3.000% and an annual return rate of 2.862% today. In the more flexible home loan division, 7 year adjustable rate mortgage deals are now tagged at an interest price of 3.250% and an APR yield of 3.006% to begin with.

On a normal trading day, the home purchase and refinancing mortgage home loan rates more up and down on the basis of sudden rise in the price of transactions and mortgage backed bonds and securities traded in the financial markets, which are generally considered to following the stock market movements closely. As the stock market lost some ground by the end of the trading day, putting the DJIA index down by -0.73% and hanging around 15337.70, bank closely followed the movement and quoted its lending rates accordingly. However, regardless of the interest rates, the share prices of COF stock improved by +0.69 and closed at 67.60.

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.

About the author

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