The benchmark 30 year fixed rate loans at HSBC Bank (NYSE:HBC) are being quoted at 4.09% yielding an APR of 4.177% today. Popular 15 year fixed rate mortgages are on the books at 3.625% at the bank carrying an APR of 3.775% today.
The 5 year ARM deals at HSBC have been offered at 4% showing an APR of 4.166%. The 7 year ARM deals are coming out at 3.96% with an APR of 4.133% to start. The 10 year Adjustable Rate Mortgages are listed at 4% currently yielding an APR of 4.134%.
Drilling down a bit, HSBC’s own stock price fell sharply to 1.68 down -5.62%.
BMO Harris Bank
The benchmark 30 year FRM interest rates have been listed at 3.750% at BMO Harris Bank and APR of 4.005%. The shorter term 15 year fixed rate loan interest rates stand at 3.250% today yielding an APR of 3.589%.
10 year loan interest rates at the bank have been offered at 3.125% today yielding an APR of 3.614%. 20 year fixed rate mortgages at the bank start at 3.500% carrying an APR of 3.882% today.
3/1 ARM interest rates are being offered for 2.875% with an APR of 4.060% to start. 5 year ARMs at Harris Bank are coming out at 3.000% and an APR of 3.954%. The 7/1 ARMS are coming out at 3.375% yielding an APR of 4.002% to start. 10/1 ARM interest rates are on the books at 3.500% and an APR of 3.971%.
Separately, Harris Bank’s own stock ticker gained ground to 77.61 up +0.35%.