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Summary of Today’s Mortgage Interest Rates at Capital One – June 23, 2014

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Summary of Today's Mortgage Interest Rates at Capital One - June 23, 2014

At the beginning of a new trading week, the popular US based mortgage lender, Capital One Financial Corp (NYSE: COF), decided to make no change to its benchmark 30 year fixed mortgage interest rates. As per the most up to date mortgage information made available by the bank on June 23, 2014, the ideal fixed as well as flexible home loan deals are now coming out at the same interest rate as yesterday.With regards to the standard, long term home loan offerings, the interested mortgage shoppers can spot the 30 year fixed rate home loan deals being traded at an interest rate of 4.125% and an annual percentage rate of 4.164% today. The short term, 15 year fixed rate mortgage home loan deals can now be acquired by the borrowers, who are interested in taking a shorter route to finance their realty investment, by bearing an interest rate of 3.375% and an annual return rate of 3.424% this Monday.

For the potential home buyers, who are interested in securing ideal home loans for funding their expensive home investments, the 30 year jumbo fixed rate mortgage packages would prove to be ideal options at a lending rate of 4.375% and an annual percentage yield of 4.399% today. The relatively short term, 15 year jumbo fixed rate home loans can now be seen traded at an interest rate of 3.750% and being backed by an annual return rate of 3.792% today.

The mortgage borrowers, who are looking forward to acquire home loans at more flexible interest rates, can opt for the 5 year adjustable rate mortgage home loan deals, which are now offered by the lender at an interest rate of 3.125% and are backed by an APR yield of 2.906% this Monday. The more flexible, 7 year adjustable rate mortgage home loan options are now being advertised at an interest rate of 3.250% and an APR yield of 3.006% to begin with.

The mortgage home loan rates quoted by banks are normally affected by the changes experienced by the prices of the mortgage backed financial bonds and securities, which are known to follow the stock market movements closely. As the stock market waned towards the end of the day and left the DJIA index 15337.70, Capital One Financial took the lead and moved along the same path for publishing its mortgage home loan rates. However, irrespective of the mortgage rates, the stock prices of the COF shares experienced a hike of +0.59 and touched 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 Summary of Today’s Mortgage Interest Rates at Capital One – June 23, 2014 appeared first on Morning Ledger.


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