Capital One Financial Corp (NYSE: COF) is one of the biggest banks in the United States of America that offers some of the finest home mortgage solutions to the potential home loan shoppers. Capital One Financial decided to make no changes in their benchmark 30 year fixed mortgage loans as on August 14, 2014. The potential buyers who were in search of affordable fixed mortgage schemes might not find anything lucrative in the rates published today as they were more or less same as yesterday.
On Thursday, the benchmark 30 year fixed rate mortgage schemes at Capital One Financial stood at an interest rate of 4.125% and they did yield an annual percentage rate of 4.153%. The APR and interest rate remained unchanged from yesterday and there are no signs of an increase or decrease in the rates. The short term fixed rate mortgage options on the other hand were listed at 3.375% rate of interest and an APR of 3.442%.
All the individual who are willing to buy expensive penthouses and apartments can opt for the more exclusive jumbo home mortgage loans which are specifically used for financing expensive home purchases. The usually higher interest jumbo loans for 30 years were listed at 4.250% and an APR of 4.285% which is way higher than the non-jumbo schemes. The shorter variants of the 30 year jumbo loans, the 15 year mortgage schemes are available at 3.750% and an APR of 3.792%.
Adjustable rate mortgage schemes are especially meant for the individuals who are in search of more flexible loan schemes. The potential home mortgage buyers can opt for 5 year ARMs which are available at Capital One Financial at an interest rate of 3.000% and an annual percentage rate of 2.862%. On the other hand, the 7 year ARMs are available at a rate of interest of 3.125%. These loans did yield an APR of 2.948% as on August 14, 2014.
Capital One 360 precisely notified their clients that they can easily view all their accounts opened in the Capital One bank when they do log in on the website of Capital One 360. Even though the merging process is still not executed it remains to be seen how the future of this website pans out. Capital One Bank will offer you complete access to your account once the merger is complete. People can easily expect some good schemes from Capital One Financial in the future.
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.