Mortgage rates have moved upward at Capital One Financial for many fixed rate mortgages and ARMs, although Capital One still offers $1,000 off closing costs for borrowers who refinance or buy now. The standard 30-year fixed mortgage is offered today at 3.875% with an APR of 3.958%, while the shorter-term 15-year loan is quoted at 3.250% with an APR of 3.359%. Buyers can lock into a 5/1 ARM today at 3.000% for the first five years with an APR of 2.885% to start. The 7/1 adjustable rate mortgage is quoted at a higher interest rate of 3.125% for the first 7 years with an APR of 2.971% to start.
Capital One offers larger conforming loans in high-cost areas. A larger 30-year fixed loan exceeding $417,000 is quoted at 4.000% today with an APR of 4.029%. The shorter-term 15-year mortgage is offered at 3.250% with an APR of 3.301%. The larger 5/1 ARM is quoted at 3.000% for the first five years with a 2.864% APR to start. Capital One quotes the larger 7/1 adjustable rate loan at a higher 3.375% today with a starting APR of 3.066%.
Jumbo loan borrowers will get the best rates at Capital One today. A 30-year jumbo mortgage is quoted at 3.875% today with an APR of 3.896%. Buyers can lock into a 5/1 jumbo ARM at 2.625%, the best rate of the day, with a starting APR of 2.727%. A jumbo 7/1 ARM is offered at 2.875% for the first seven years with a starting APR of 2.827%.
Refinance Rates at Capital One
Capital One offers a 30-year fixed refinance loan today at 4.000% with an APR of 4.074%. The shorter-term 15-year fixed refi loan is offered at a lower rate of 3.375% with a 3.468% APR. Homeowners can lock into a 5/1 refinance ARM today at 3.125% with an APR of 2.939% to start. The 7/1 adjustable rate refinance is quoted at 3.250% for the first seven years with a 3.040% APR to start.
Disclaimer: The advertised rates were submitted by each individual lender/broker on the date indicated. Rate/APR terms offered by advertisers may differ from those listed above based on the creditworthiness of the borrower and other differences between an individual loan and the loan criteria used for the quotes.