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Mortgage Interest Rates Remain Unchanged at Capital One Financial on May 9, 2014

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Mortgage Interest Rates Remain Unchanged at Capital One Financial on May 9, 2014As per the most up to date mortgage data released by the popular US based mortgage provider, Capital One Financial Corp (NYSE: COF), the benchmark 30 year fixed mortgage interest rates are holding firm on May 9, 2014. The potential home buyers will now find the fixed and flexible home loan deals being traded at the same interest rates as yesterday, which is highly unlikely to disturb the demand of COF home loans in the market.

With regards to the standard, long term home loan offerings, the interested borrowers can find the 30 year fixed mortgage home loan deals being traded at the same interest rate of 4.125% and an annual percentage rate of 4.128% today. For the borrowers interested in taking the shorter road to finance their realty investment, the bank offers its best 15 year fixed rate mortgage home loan options at an interest price of 3.375% and an APR yield of 3.381% today.

Sometimes, the potential home buyers might require additional funds for financing their major realty investments. Mortgage shoppers with such distinct needs can lock in the jumbo versions of the popular 30 year fixed rate mortgage home loan schemes being traded at an interest rate of 4.250% and an annual return rate of 4.251%. In the short term lending section, the 15 year jumbo fixed rate mortgage home loans are can be spotted sitting next to an interest rate of 3.750% and carrying an APR yield of 3.752% this Friday.

As far as the adjustable rate mortgage financing options are concerned, the best 5 year variable rate home loan deals can be locked in at an interest cost of 3.000% and an APR yield of 2.839% during the starting years of the home loan tenure. For the borrowers looking for more flexibility in terms of interest rates, the 7 year adjustable rate mortgage deals would serve as ideal options at a starting interest rate of 3.250% and an annual return rate of 2.983% to start with.

The mortgage interest rates quoted by banks tend to change on the basis of price fluctuations in the mortgage backed financial securities, which generally move along the stock market sentiments. As the stock markets declined close to the end of the trading day, leaving the DJIA index at 15337.70, Capital One Financial moved in the direction of Wall Street movements and published its mortgage home loan rates. Regardless of the interest rates, the stock prices of the COF shares increased by +0.59 to touch a new price mark of 67.60.

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.

The post Mortgage Interest Rates Remain Unchanged at Capital One Financial on May 9, 2014 appeared first on Morning Ledger.


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