Today’s Mortgage Rates at Capital One – August 13, 2014

Today's Mortgage Rates at Capital One - August 13, 2014One of the most reputed home mortgage providers in the US, Capital One Financial Corp (NYSE: COF) did not make any changes in its benchmark 30 year fixed home mortgage schemes. Even though there was a small change in the annual percentage rate of these mortgage schemes, it didn’t really make much of a difference as far as the sale of the mortgage schemes is concerned. The probable home loan shoppers might have to wait a little bit before the rate goes down.

On Wednesday, the benchmark 30 year home mortgage rates of interest at Capital One Financial Corp are listed at 4.125% which is same as yesterday. They did yield an annual percentage rate of 4.153% which is a bit low than it was yesterday. On the other hand the 15 year fixed rate mortgage schemes stood at an interest rate of 3.375% and annual percentage rate of 3.442%. The APR and interest rate both remained unchanged on Wednesday.

All the individuals who are in search of a mortgage scheme that could help them finance their dream of buying an expensive house, can opt for jumbo mortgage schemes. The benchmark 30 year jumbo mortgage schemes were listed at an interest rate of 4.375%. These loans did came along with an APR of 4.389% which is similar to what it was yesterday. The shorter versions of the jumbo 15 year home mortgage loans came at a rate of interest of 3.875% and an APR of 3.899%.

Adjustable rate mortgage schemes are flexible options for the home owners. The 5 year variants of the ARMs are available at an interest rate of 3.000% at Capital One Financial Corp along with an APR of 2.862%. The 7 year long term variants of the ARM were published at a rate of interest of 3.125% in addition to an APR of 2.958%.

The McLean based Capital One Financial, has been officially named the country’s top executing bank with the various assets of around 50$ billion by the magazine “Bank Director”. A number of community banking institutions also positioned on separate lists of community banks. The magazine’s performance scorecard is a ranking of the 200 biggest banking institutions that are traded on the NASDAQ. The scoring here is precisely based on various key metrics including capital strength, profitability and credit quality. Capital One Financial Corp is definitely reaching the pinnacles of success and it wouldn’t be too long when the bank will be rated amongst the best ones in the world.

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.