Mortgage rates have moved slightly lower at Capital One Financial on Monday. The benchmark 30-year fixed rate loan is published at 3.875% today with an APR of 3.948%. Buyers can lock into the shorter-term 15-year fixed mortgage at 3.250% with a 3.359% APR. Capital One offers competitive rates on adjustable rate loans. A 5/1 ARM is quoted at 3.000% for the first five years with a 2.885% starting APR. The 7/1 adjustable rate mortgage is published at 3.125% for the first seven years with a starting APR of 2.971%.
Conforming loans between $417,000 and $625,500 are available in designated high-cost areas. A larger 30-year fixed loan is quoted today at 4.000% with an APR of 4.029%. The larger 15-year loan is available as low as 3.250% with an APR of 3.301%. Buyers can lock into a larger 5/1 ARM at 3.000% for the first 5 years with a 2.873% starting APR.
Rates have moved higher for jumbo loans today. A 30-year jumbo mortgage is published as low as 3.875% with a 3.896% APR. The shorter-term 15-year jumbo loan is quoted at 3.625% with an APR of 3.663%. Buyers can get a 5/1 jumbo ARM with an interest rate of 2.750% for the first five years with a 2.770% starting APR.
Best Refinance Rates at Capital One
Refinance rates are also moving higher. The 30-year fixed refi loan is quoted at 4.125% today with a 4.169% APR. Homeowners can lock into the popular 15-year refinance at 3.375% today with a 3.488% APR. For more flexibility, Capital One offers the 5/1 ARM at 3.250% with a 2.974% starting APR. The 7/1 ARM is published at 3.375% for the first seven years with an APR of 3.080%.
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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