Today’s Mortgage Interest Rates at Capital One Bank on February 18, 2014

Moving the same path, as it has been for the past few days, Capital One Financial Corp. (NYSE: COF) continued to retain the position of its benchmark 30 year fixed mortgage interest rates on February 18, 2014. This Tuesday, the eligible borrowers will find the fixed as well as flexible home loans coming out at same interest rates as yesterday, thereby still providing a respite to the interested borrowers from the frequently varying interest rates at other banks and lending institutions.

According to the most up to date mortgage home loan information made available by the bank for its prospective customers, the standard, long term, 30 year fixed rate mortgage home loan deals are still coming out at a same interest rate of 4.250% and are carrying an annual percentage rate of 4.253% today. Alternatively, the short term, 15 year counterparts of the 30 year fixed rate mortgage home loans are being traded at an interest cost of 3.375% and an are accompanied by an APR yield of 3.381%.

For the individuals, who are planning on making an expensive home investment and are looking forward to seek financial assistance from Capital One bank, the jumbo section of the loan portfolio showcases the ideal 30 year fixed rate mortgage home loans, which can be locked in at an interest rate of 4.125% and an annual return of 4.126% today. However, the relatively shorter, 15 year jumbo fixed rate mortgage home loans can be acquired at an interest rate of 3.500% and an APR yield of 3.502% today.

The mortgage shoppers, who are looking forward to acquire home loans at variable rates of interest, can find the best 5 year adjustable rate mortgage home loan deals being traded at an interest rate of 3.000% and carrying an annual percentage rate of 2.839% today. On the other hand, the more flexible, 7 year adjustable rate mortgage home loans are coming out at a starting rate of 3.375% and are backed by an annual return rate of 3.041% on the original amount of loan taken from the bank.

The home purchase and refinancing mortgage rates published by banks tend to fluctuate on the basis of changes in the prices of mortgage backed bonds and securities, which move along with the stock markets on any normal trading day. Today, as the stock markets waned and left the DJIA index sitting at 15337.70, Capital One took the lead and moved along the same direction for publishing its lending rates. However, the stock price of BBT shares experienced a spike of +0.88% and reached a new price ground 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.