Standard 30 year FRMs have been published at 4.09% at HSBC Bank (NYSE:HBC) carrying an APR of 4.177%. Popular 15 year fixed rate loans are being offered for 3.625% at the bank and an APR of 3.775% today.
ARMs in the 5 year category at HSBC are listed at 4% with an APR of 4.166% to start. 7/1 ARM interest rates start at 3.96% currently with a starting APR of 4.133%. 10 year ARM loans are on the books at 4% today with a starting APR of 4.134%.
Separately, the stock price of HSBC nose dived to 1.68 down -5.62%.
The best 30 year fixed rate mortgage interest rates at Chase Bank (NYSE:JPM) stand at 3.750% carrying an APR of 3.915%. Shorter term, popular 15 year loan deals at the bank have been published at 3.125% and APR of 3.472%.
5 year ARM loans at Chase start at 3.250% yielding an APR of 3.605% to start. 7/1 ARM loans can be had for 3.500% today with an APR of 3.684%.
Home Refinance Rates
30 year refinance loans at Chase can be had for 3.750% and an APR of 3.853%. The short term 15 year refinance loan interest rates are being quoted at 3.000% today carrying an APR of 3.145%. 5 year refi ARM interest rates at Chase Bank have been listed at 3.250%. yielding an APR of 3.493% to start. 7 year refinance ARM interest rates are 3.500% today yielding an APR of 3.581% to start.
Closer to home, Chase’s own stock went down to 98.98 down -0.04.