Summary of Mortgage Interest Rates at Capital One on March 25, 2014

Amid the current economic mayhem, where the unstable economic factors are making it difficult for the mortgage lenders to publish favorable lending rates, Capital One Financial Corp (NYSE: COF) managed to quote the same benchmark 30 year fixed mortgage interest rates on March 25, 2014. This Tuesday, the potential home loan borrowers, will spot the ideal fixed and flexible home loan deals being advertised at unchanged interest rates, thereby making it easy for the bank to maintain a steady demand of its mortgage products in the market.

According to the most up to date mortgage information made available to the mortgage shoppers today, the standard, long term, 30 year fixed rate mortgage home loan deals are being traded at an interest rate of 4.375% and are backed by an annual percentage rate of 4.378%. However, for the mortgage shoppers, who are willing to walk down the shorter route for financing their new home investment, the bank is currently offering its 15 year fixed rate mortgage home loan plans at a lending rate of 3.500% and an annual return rate of 3.506% today.

The potential home buyers, who are looking forward to seek financial help from Capital One bank for dealing with their expensive home purchases, can reap the benefits of the jumbo variants of 30 year fixed rate mortgage home loans, which are now coming out at an interest price of 4.500% and are accompanied by an annual yield of 4.501%. However, the relatively shorter, 15 year jumbo fixed rate mortgage home loans are being backed by a lending rate of 4.000% and an APR yield of 4.002%.

When it comes to the flexible financing options, the home loan seekers can spot the best 5 year adjustable rate mortgage loans being advertised at an interest rate of 3.125% and are backed by an annual percentage yield of 2.965%. On the other hand, for the seekers of more variable interest rates, the 7 year adjustable rate mortgage home loan schemes would be an ideal pick at an interest rate of 3.375% and an APR yield of 3.109% today.

The mortgage rates published by banks normally rise or fall depending on the price changes experienced by the mortgaged backed bonds and securities traded by the bank in financial markets, which are known to move along the stock market movements. As the Wall Street dipped towards the end of the trading day, leaving the DJIA index at 15337.70, Capital One followed its footsteps blindly and published its interest rates accordingly. Irrespective of the interest rates, the stock prices of COF shares rose up by +0.88% and closed at a higher 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.