30 year loan interest rates are 4.09% at HSBC Bank (NYSE:HBC) today and an APR of 4.177%. The short term 15 year fixed rate mortgage interest rates are available starting at 3.625% today with an APR of 3.775%.
5/1 Adjustable Rate Mortgages have been offered at 4% at HSBC carrying an APR of 4.166% to start. 7/1 ARM interest rates stand at 3.96% and APR of 4.133%. ARM loans in the 10 year category are on the books at 4% currently with an APR of 4.134%.
More specifically, the banks stock price fell off the cliff to 1.68 down -0.10.