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.
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