30 year FRM interest rates are on the books at 4.250% at Capital One Financial (NYSE:COF) and APR of 4.253%. The jumbo options for the 30 year loans have been listed at 4.125% and an APR of 4.126% a bit higher than the non-jumbo loans.
Shorter term, popular 15 year loan deals are listed at 3.375% and APR of 3.381% today.
The Jumbo 15 year loan deals can be had for 3.375% with an APR of 3.377% today. 5/1 ARM interest rates are 3.000% at Capital One yielding an APR of 2.839% at present. 7/1 ARMs start at 3.375% and APR of 3.041%.
Market and Mortgages
Rates you see are sometimes affected by mortgages packaged into financial instruments which go up and down with the markets. Stocks dropped by close today putting the DOW at 15,337.70 a decrease of -113.35.
Today’s rates at Capital One moved along with the days DJIA results. Specifically, the stock price of Capital One gained ground to 67.60 up +0.59.