30 year FRM interest rates are on the books at 4.09% at HSBC Bank (NYSE:HBC) with an APR of 4.177% today. 15 year loan deals are coming out at 3.625% and APR of 3.775%.
The 5 year ARM interest rates have been listed at 4% at HSBC yielding an APR of 4.166% at present. The 7 year ARM interest rates are being offered for 3.96% today yielding an APR of 4.133% to start. The 10 year ARM loans are coming out at 4% today and an APR of 4.134%.
Also in the market, HSBC’s own stock ticker fell off the cliff to 1.68 down -0.10.