Summary of Mortgage Interest Rates at Capital One on May 22, 2014

Summary of Mortgage Interest Rates at Capital One on May 22, 2014

This Thursday, at the US based mortgage lender, Capital One Financial Corp (NYSE: COF), the benchmark 30 year fixed mortgage interest rates show no pleasant or unpleasant movement that might affect the decision of interested home buyers to shift to other mortgage lenders. As of now, the customers interested in financing their realty investments through Capital One will find no change in the fixed and flexible lending rates on May 22, 2014.As per the most up to date mortgage data released by the bank for its customers, the standard, long term, 30 year fixed rate mortgage loans are being advertised at an interest price of 4.125% and are backed by an annual percentage rate of 4.164% this Thursday. The short term, 15 year counterparts of the 30 year fixed rate mortgage home loan plans are now quoted at an interest rate of 3.250% and are carrying an annual percentage rate of 3.335% today.

The mortgage shoppers, who are seeking for financial assistance from Capital One Financial to back their expensive home purchase, can opt for the jumbo variants of 30 year fixed rate mortgage home loans, which are now traded at an interest rate of 4.125% and are carrying an APR yield of 4.159% today. In the shorter, 15 year jumbo refinancing home loan packages can be had at an interest rate of 3.625% and an APR yield of 3.667% today.

For the potential home buyers, who are planning on securing ideal finances at flexible home loan rates, the mortgage lender offers its best, 5 year, adjustable rate mortgage home loan packages, at a starting interest rate of 3.000% and an APR yield of 2.862% to start with. In the more flexible home loan section, 7 year adjustable rate mortgage home loan plans can be seen coming out at an interest rate of 3.250% and being accompanied by an APR yield of 3.006% during the starting years of the home loan period.

The mortgage interest rates quoted by the bank generally move up and down on the basis of price changes experienced by the mortgage backed financial bonds and securities, traded by banks in financial markets, which follow the stock market movements closely. As the stock market lost its ground towards the end of the trading day and left the DJIA index at 15337.70, Capital One moved along the same lines to publish its home loan rates. Regardless of the interest rates, the stock price of the COF shares moved up by +0.59 and reached a new price point 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.