Today’s Mortgage Home Loan Rates at Capital One (February 5, 2014)

After running at a steady pace for the past couple of days, or rather, weeks, the standard fixed and flexible home loan deals at Capital One Financial Corp (NYSE: COF) are now coming out at improved lending rates on February 5, 2014. Today, the eligible borrowers can find the benchmark 30 year fixed mortgage interest rates sitting at a lower mark as compared to the yesterday’s standings.

This Wednesday, as per the latest mortgage rate charts published by the US based mortgage lender, the potential home buyers can acquire the standard 30 year fixed rate mortgage home loan deals at an interest rate of 4.125% and an annual percentage rate of 4.128%. Alternatively, the seekers of short term financing options can lock in the ideal 15 year fixed rate mortgage loan packages at an interest price of 3.375% and an APR yield of 3.381% today.

In the expensive home financing section, the bank fulfills the huge lending needs of the potential borrowers, by offering the best 30 year jumbo fixed rate mortgage home loans at an interest rate of 4.250% and an annual return rate of 4.251%, which is definitely higher than the non-jumbo counterparts. On the other hand, the ideal, 15 year jumbo fixed rate mortgage packages can be had at a lending price of 3.625% and an annual return of 3.627% today.

The seekers of flexible home loan options can spot the best adjustable rate mortgage plans published in the bank’s loan books at impressive interest and annual return rates. As of now, the bank offers the 5 year adjustable rate mortgage deals at a starting interest rate of 2.875% and an annual percentage rate of 2.878% to begin with. However, the more flexible, 7 year adjustable rate mortgage home loan deals can be locked in at an interest rate of 3.375% and an APR yield of 3.109% on the initial amount of loan taken from the bank.

The mortgage rates published by banks are usually affected by the upward and downward movement of the MBS prices, which generally move along with the stock market. At the end of the trading day, as the stock market plummeted and left the DJIA index struggling at 15337.70, the bank moved along in the same direction for publishing its interest rates. Irrespective of the interest rates, the stock price of COF shares touched new heights after a rise of +0.88% and registered a new price 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.