The best 30 year FRM interest rates at Capital One Financial (NYSE:COF) stand at 4.125% and an APR of 4.128%. The best 30 year jumbo loan interest rates are being quoted at 4.000% at the bank carrying an APR of 4.001%.
Popular 15 year loan interest rates can be had for 3.375% today yielding an APR of 3.381%.
The Jumbo 15 year loan deals have been quoted at 3.375% and an APR of 3.377%. 5 year Adjustable Rate Mortgages can be had for 3.000% at Capital One and an APR of 2.839%. ARMs and their APRs change as interest rates move up and down. 7/1 ARMs are being quoted at 3.375% today yielding an APR of 3.041% to start.
From the finance side
Rates for mortgage loans fluctuate because of mortgage bonds and security prices that move in concert with the stock market. Stock markets declined by the end of trading to leave the DJIA at 15,337.70.
This time Capital One tracked with the DJIA performance. Related to the market discussion, Capital One’s own stock ticker gained ground to 67.60 up +0.59.