Today’s Mortgage Rates at Capital One – Monday, August 18, 2014

Today's Mortgage Rates at Capital One - Monday, August 18, 2014Capital One Financial (NYSE: COF), one of the largest home mortgage scheme providers in the country, decided not to make any prominent changes to its benchmark mortgage scheme rates on Monday, August 18, 2014. The Capital One mortgage rates remained unchanged today as there were no positive or negative alterations in the interest rates. The probable shoppers who were in search of some of the best home mortgage schemes at Capital One Financial might get disappointed because there were no favorable changes in the rates of interest.

The benchmark 30 year home mortgage loans at Capital One Financial can be had for an interest rate of 4.125% and an annual percentage rate of 4.153% which is same as it was on August 15th, 2014. Following the trend of the benchmark mortgage schemes, the 15 year short term mortgage schemes too didn’t experience any favorable or unfavorable changes in the interest rates. The 15 year home mortgage schemes came in at an interest rate of 3.375% and they did yield an annual percentage rate of 4.424%.

The costlier home purchases can be easily financed at Capital One Financial Corp through benchmark 30 year jumbo loan schemes. The long term 30 year jumbo loans can be acquired at an interest rate of 4.250% and an annual percentage rate of 4.264%. The interest rate and APR on jumbo loans too remained unchanged. The shorter variant of the 30 year jumbo loans, the 15 year schemes were listed at 3.750% rate of interest carrying an annual percentage rate of 3.774%. The 15 year jumbo loans also came in at an unchanged rate of interest which did surprise a lot of investors.

The 5 year adjustable rate mortgage schemes at Capital One Financial have been quoted at 3.000% yielding an annual percentage rate of 2.862%. The long term 7 year ARMs were being offered at 3.125% and an APR of 2.948% on Monday, August 18, 2014. ARMs offered at Capital One are flexible mortgage schemes which really appeal to the investors who are looking for some flexibility. Capital One Financial did upgrade shares of Ultra Petroleum Corp. (NYSE:UPL) from a simple weight rating to an overweight rating, which was revealed in the official research note issued to all the investors. Ultra Petroleum Corporation is a popular oil and gas company which is engaged in the production, development, exploration, acquisition and operation of all kinds of oil and natural gas properties.

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.