30 year loan interest rates at Capital One Financial (NYSE:COF) are 4.250% today with an APR of 4.253%. 30 year jumbo FRM interest rates have been offered at 4.125% and an APR of 4.126% a bit higher than the non-jumbo loans.
The shorter term 15 year loan interest rates at the bank have been offered at 3.375% carrying an APR of 3.381% today.
The Jumbo 15 year FRMs have been published at 3.375% today with an APR of 3.377%. 5/1 Adjustable Rate Mortgages at Capital One are being quoted at 3.000% and the APR is 2.839%. 7/1 Adjustable Rate Mortgages are being quoted at 3.375% today carrying an APR of 3.041%.
Financial Market News
Published rates often go up and down with MBS’s which roughly follow motions in the stock market. The stock market dropped by the end of trading to leave the DOW at 15,337.70 up -0.73%.
Rates at the bank did not defy the financial markets. Also in the market, Capital One’s stock price moved ahead to 67.60 up +0.59.