Capital One Financial is a famous banking institution in the country that offers high end home mortgage schemes at discounted rates. Capital One didn’t really make any changes in its standard home mortgage rates for both 30 and 15 year variants. The potential home loan shoppers might get a bit disappointed with no major changes being made in the interest rates for mortgage schemes. The home loan buyers might have to wait a bit before they get discounted interest rates on the desired schemes.
The benchmark 30 year home mortgage loans at Capital One Financial have been provided at 4.125% and an annual percentage rate 4.178%. The Capital One (NYSE:COF) didn’t make any major changes to its 15 year fixed rate mortgage schemes as well. The short term 15 year fixed rate mortgage schemes were listed at 3.375% yielding an APR 3.466%.
The bank even offers high end jumbo loans to the customers who are looking to finance their dream of purchasing an exclusive penthouse. The 30 year long term jumbo mortgage schemes stood at an interest rate of 4.250% as on September 1, 2014 along with an annual percentage rate of 4.272%. The interest rate and APR on these schemes is a tad higher than the traditional mortgage schemes. The jumbo 15 year fixed rate home mortgage schemes have been offered for 3.750% and an annual percentage rate of 3.788% on Monday.
As far as the flexible adjustable rate mortgage schemes go the 5 year mortgage deals are being listed for 3.000% at Capital One Financial and the annual percentage rate is 2.977%. The long term 7 year ARMs did start at a rate of interest of 3.125% in addition to an APR of 3.049%.
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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