Mortgage rates have moved downward this week at Capital One Financial. The benchmark 30-year fixed mortgage is advertised today at 3.875% with a 3.937% APR. The shorter-term 15-year fixed loan is published with a 3.250% interest rate and an APR of 3.359%. Buyers can lock into a 5/1 ARM at 3.000% for the first five years with a starting APR of 2.97%. The 7/1 adjustable rate mortgage is published at 3.125% for the first 7 years with a 3.039% starting APR.
For larger conforming loans between $417,000 and $625,500, Capital One advertises a 30-year fixed loan at 4.000% with a 4.029% APR. The 15-year larger mortgage is quoted at 3.250% with a 3.301% APR. Buyers can lock into a larger 5/1 adjustable rate loan with an interest rate of 3.125% for the first 5 years and a 2.989% starting APR.
The 30-year fixed jumbo loan is offered today at 3.875% at Capital One with an APR of 3.896%. The 15-year jumbo loan is published with a 3.625% interest rate and a 3.663% APR. The best rate today is 2.750% for a 5/1 jumbo ARM with a corresponding APR of 2.852%. Buyers can lock into a 7/1 jumbo adjustable rate loan at 3.000% for the first 7 years with a starting APR of 2.952%.
Capital One Refi Rates
Homeowners who want to refinance into a standard 30-year loan will find the loan advertised today at 4.000% with a 4.053%. The popular 15-year refinance loan is published at 3.375% with a 3.468% APR. Homeowners can lock into a 5/1 refi ARM at 3.125% today with a starting APR of 3.021%. The 7/1 refinance ARM is quoted at 3.250% for the first 7 years with a 3.098% starting APR.
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.