The best 30 year fixed rate loans at HSBC Bank (NYSE:HBC) have been listed at 4.09% and APR of 4.177% today. The shorter term 15 year loan deals are published at 3.625% at the bank and APR of 3.775% today.
The 5/1 Adjustable Rate Mortgages are on the books at 4% at HSBC yielding an APR of 4.166% to start. The 7 year ARM interest rates are being offered for 3.96% today with an APR of 4.133%. 10/1 ARM interest rates are being quoted at 4% showing an APR of 4.134%.
Separately, the banks stock dropped sharply to 1.68 down -5.62%.