Mortgage rates are quoted relatively unchanged at Capital One Financial on Friday, November 21. The benchmark 30-year fixed mortgage is quoted at 3.875% with an APR of 3.937%. The shorter-term 15-year fixed loan is advertised with a 3.250% interest rate and a 3.377% APR.
Buyers can lock into a 5/1 ARM today with an interest rate of 3.000% for the first 5 years and a starting APR of 2.895%. The 7/1 adjustable rate mortgage is quoted at 3.125% for the first 7 years with a 2.971% starting APR.
Capital One offers conforming loans of $417,000 to $625,500 in designated high-cost areas. A larger 30-year fixed mortgage is published at 3.875% today with a 3.946% APR. The larger 15-year mortgage is quoted with a 3.250% interest rate and a 3.301% APR. Buyers can lock into a larger 5/1 ARM today at 3.125% for the first 5 years and a 2.907% APR to start.
The standard 30-year jumbo loan exceeding $625,500 is quoted today at 3.875% with a 3.896% APR. Buyers can lock into a 15-year fixed jumbo mortgage with an interest rate of 3.625% and a 3.663% APR. The 5/1 jumbo ARM is published at 2.750% for the first five years and a 2.770% starting APR. This is the best mortgage rate of the day.
Capital One Refinance Rates
For homeowners ready to refinance into a lower rate or get cash out of their equity, Capital One offers a 30-year refi loan at 4.000% with a 4.053% APR. The popular 15-year refinance loan is published at 3.375% with an APR of 3.468%. Homeowners can turn to a 5/1 refi ARM at 3.125% for the first five years with a starting APR of 2.939%. The 7/1 adjustable rate refinance is published at 3.250% for the first 7 years and a starting APR of 3.030%.
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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