Standard 30 year loan deals are 4.09% at HSBC Bank (NYSE:HBC) with an APR of 4.177% today. 15 year FRM interest rates are published at 3.625% and an APR of 3.775%.
The 5/1 ARMS at HSBC are on the books at 4% and the APR is 4.166% on initial purchase. The 7 year Adjustable Rate Mortgages are 3.96% today with an APR of 4.133%. 10/1 Adjustable Rate Mortgages are being offered for 4% today carrying an APR of 4.134%.
More specifically, the banks stock plummeted to 1.68 down -5.62%.