The benchmark 30 year loans are coming out at 4.250% at Capital One Financial (NYSE:COF) today with an APR of 4.253%. The best 30 year jumbo loan deals at the bank are published at 4.125% carrying an APR of 4.126%.
The shorter term 15 year loan interest rates are 3.375% today and an APR of 3.381%.
The Jumbo 15 year loans have been listed at 3.500% today and an APR of 3.502%. The 5 year ARM deals at Capital One are 3.000% with an APR of 2.839% to start. The 7/1 ARM deals have been offered at 3.375% currently yielding an APR of 3.041%.
Big bank mortgage rates often change because of mortgage related bond prices that go up and down with the markets. Security markets fell by the end of trading today to leave the DJIA at 15,337.70.
This time Capital One blindly followed the market’s performance. Related to the market discussion, this particular bank’s stock price strengthened to 67.60 up +0.88%.