Mortgage rates are mostly flat at Capital One for Monday. The benchmark 30-year fixed-rate mortgage is quoted at 4.000% today with an APR of 4.052%. Capital One Financial advertises the popular 15-year fixed rate loan at 3.375% with a 3.466% APR today. Buyers who want greater flexibility with the lowest purchase rates at the lender can opt for a 5/1 adjustable rate mortgage at 3.000% for the first five years with an APR of 2.895% to start. The 7/1 ARM is quoted at 3.125% for the first seven years with a starting APR of 2.971%.
Capital One offers conforming loans that exceed $417,000 in federally designated high-cost areas. The larger 30-year fixed rate loan is quoted at 4.000% today with an APR of 4.029%, while the larger 15-year loan is published with a 3.250% interest rate and an APR of 3.337%. Buyers can lock into a larger 5/1 adjustable rate loan at 3.000% today with a starting APR of 2.873%.
Jumbo loan rates have moved higher on Monday. A 30-year jumbo mortgage is quoted at 3.875% today with an APR of 3.907%. The shorter-term 15-year jumbo loan is offered at a higher 3.625% today with an APR of 3.681%. The best rate advertised today is 2.750% for a 5/1 adjustable rate jumbo loan with a starting APR of 2.770%.
Refinance Rates at Capital One
The best rate for a 30-year refinance loan today is 4.000% with an APR of 4.095%. Capital One offers the 15-year refinance loan at 3.375% with an APR of 3.504%. For the lowest refinance rate available today, homeowners can lock into a 5/1 or 7/1 ARM at the same interest rate of 3.250%.
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.