Summary of Current Mortgage Rates at Capital One on July 18, 2014

Summary of Current Mortgage Rates at Capital One on July 18, 2014At one of the popular US based mortgage providers, Capital One Financial Corp (NYSE: COF), the benchmark 30 year fixed mortgage interest rates experienced no favorable or unfavorable change on July 18, 2014. The mortgage borrowers, who are planning on securing ideal home purchase or refinancing home loans from Capital One today, will find no change in the lending charges as compared to yesterday.

To start with, in the long term home loan section, Capital One Financial highlight its standard 30 year fixed rate mortgage options at the same lending rate of 4.125% and an annual percentage rate of 4.185% today. For the borrowers, who are interested in taking a shorter route to finance their realty investment, the bank offers its ideal 15 year fixed rate mortgage home loans at an interest rate of 3.375% and an APR yield of 3.442% this Friday.The mortgage shoppers, who are seeking ideal funds to finance their pricey realty investments, jumbo variants of its popular 30 year fixed rate mortgage home loan deals would be an ideal pick at an interest rate of 4.500% and an annual percentage yield of 4.541% today. In the short term lending division, the jumbo versions of 15 year fixed rate mortgage deals are up for grabs at an interest rate of 3.875% and an APR yield of 3.917% today.

In the adjustable rate mortgage department, the interested customers can spot the ideal 5 year variable rate home loan schemes being traded at a starting interest rate of 3.125% and backed by an APR yield of 2.906% during the starting years of the home loan period. The mortgage shoppers, who are planning on securing more flexible home loan deals, can now spot the 7 year adjustable rate mortgage home loans being advertised at an interest rate of 3.250% and an APR yield of 3.006% to begin with.

The mortgage interest rates published by banks are normally affected by the upward and downward movement in the prices of mortgage backed bonds and securities traded in the financial markets, which are known to follow the stock market movements closely. As the stock market plummeted towards the end of the trading day and left the DJIA index at 15337.70, Capital One took the lead and published its mortgage home loan rates accordingly. Regardless of changes in the mortgage rates, the stock price of the COF shares tasted a hike of +0.88% and reached a new price mark of 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.

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About the author

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