The customers, who are seeking ideal finances for funding their expensive home investments from Capital One Financial, can opt for the jumbo versions of its popular 30 year jumbo fixed rate mortgage home loans are being traded at an interest rate of 4.125% and are carrying an APR yield of 4.138%. In the short term home financing section, 15 year jumbo fixed rate home loan packages are published at an interest rate of 3.625% and an APR yield of 3.649% today.
As far as the flexible lending options are concerned, the interested customers can spot the 5 year adjustable rate mortgage schemes being traded at an interest rate of 2.875% and carrying an annual return rate of 2.839%. For the borrowers interested in more flexible home loans, the bank is offering its 7 year adjustable rate mortgage home loans at a starting interest rate of 3.250% and an APR yield of 3.006% during the starting years of the home loan tenure.
The mortgage loan rates quoted by banks move up and down on the basis of the price changes experienced by the mortgage backed financial bonds and securities, which move along the stock market sentiments on any normal trading day. As the stock market waned by the end of the trading day and left the DJIA index at 15337.70, Capital One Financial moved along the same path for quoting its mortgage interest rates for today. However, regardless of the mortgage interest rates, the stock prices of the COF shares moved up by +0.88% and closed at a relatively higher price mark of 67.60.
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