Standard 30 year loan interest rates are available starting at 4.250% at Capital One Financial (NYSE:COF) carrying an APR of 4.253% today. The best 30 year jumbo loan deals at the bank have been listed at 4.125% and APR of 4.126%.
The shorter term 15 year loan deals are published at 3.375% at the bank with an APR of 3.381% today.
The Jumbo 15 year FRMs have been published at 3.500% and APR of 3.502% today. The 5/1 ARM interest rates at Capital One start at 3.000% and the APR is 2.839%. The 7/1 Adjustable Rate Mortgages are being offered for 3.375% today with an APR of 3.041%.
From the bank’s stock perspective
All the mortgage rates published often change with securities made up of loan packages which go in the same direction as the stock market. Overall markets dropped today with the DJIA at 15,337.70.
Today’s rates at the bank blindly followed the DJIA. On the topic of stocks, the banks stock strengthened to 67.60 up +0.59.