The best 30 year loans at HSBC Bank (NYSE:HBC) are coming out at 4.09% and APR of 4.177% today. The short term, popular 15 year loan deals start at 3.625% today yielding an APR of 3.775%.
The 5/1 ARM deals at HSBC stand at 4% with an APR of 4.166%. ARM loans in the 7 year category are published at 3.96% currently yielding an APR of 4.133% to start. The 10/1 Adjustable Rate Mortgages start at 4% today with an APR of 4.134%.
Independent of mortgage rates, HSBC’s own stock price dove to 1.68 down -5.62%.
The best 30 year loans are coming out at 4.000% at Wells Fargo (NYSE:WFC) yielding an APR of 4.050%. The FHA options for the 30 year mortgages are being offered for 5.125% yielding an APR of 6.176%. The shorter term 15 year FRMs are on the books at 4.000% and an APR of 4.295% today.
The 5/1 ARM deals have been offered at 3.500% at Wells Fargo with an APR of 3.588%. In the FHA ARM arena, 5 year interest rates have been offered at 3.875% and the APR is 4.067%.
Mortgage Rates for Refinance
30 year refinance fixed rate mortgages have been offered at 4.000% at Wells Fargo and APR of 4.050%. The typically lower FHA 30 year refinance loans at the bank start at 5.125% yielding an APR of 6.176%. 30 year refinance jumbo loan deals at the bank are being offered for 3.875% and an APR of 3.977%.
Large (in eligible areas) 30 year FHA refinance loan interest rates are coming out at 4.125% yielding an APR of 4.132%.
The short term 15 year refinance FRMs are listed at 4.000% at the bank and APR of 4.067% today. In the refi FHA ARM arena, 5 year loans stand at 3.875% yielding an APR of 4.067%. The 7/1 ARMS are listed at 3.500% today with a starting APR of 3.588%.
And now, Wells Fargo’s own stock ticker increased to 54.54 up +0.48.Advertisement