Summary of Mortgage Home Loan Rates at Capital One Financial on February 21, 2014

Every mortgage provider aims at offering exceptional value and unparalleled services to the loyal and potential customers. Capital One Financial Corp (NYSE: COF), with the aim of keeping its customers happy, chose to follow a different path by defying its fellow mortgage lenders and made only some minor changes to its benchmark 30 year fixed mortgage interest rates on February 21, 2014.

The standard, long term, 30 year fixed rate mortgage home loan deals are now listed in the bank’s loan books at an interest cost of 4.375% and are carrying an annual percentage rate of 4.378% today. As per the new mortgage records available to the public, the bank is offering its short term, 15 year fixed rate mortgage home loan deals at an interest price of 3.500% and an annual return rate of 3.506% today.

This Friday, the mortgage shoppers, who are willing to make a huge investment in the realty sector and are hoping to get some financial assistance from Capital One bank, can actually pick up the best 30 year jumbo fixed rate mortgage home loans with are now available at an interest rate of 4.125% and are backed by an annual percentage rate of 4.126% today. However, the relatively shorter, 15 year jumbo fixed rate mortgage home loan packages can now be secured at an interest rate of 3.500% and can be spotted carrying an annual percentage yield of 3.502% this Friday.

For the mortgage shoppers, who have a special yearning for securing ideal home finances on variable interest rates, the bank is currently offering its ideal 5 year adjustable rate mortgage home loan deals at an interest rate of 3.000% to start with and an annual percentage rate of 2.839% today. On the other hand, the more flexible 7 year adjustable rate mortgage home loans are carrying an interest tag of 3.250% and an annual percentage rate of 2.983% to start with.

The mortgage home loan rates published by banks are generally affected by the regular fluctuations in the prices of mortgage backed bonds and securities, which normally trail the movements of the stock market. However, as the stock market plummeted towards the day’s end and left the DJIA index wandering around 15337.70, after a fall of -113.35, the defied its movement and published its mortgage interest rates independently. Irrespective of the mortgage interest rates, the stock price of COF shares touched a new price mark of 67.60 after a rise of +0.59 today. 

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.