30 year fixed rate loan interest rates at HSBC Bank (NYSE:HBC) can be had for 4.375% carrying an APR of 4.434% today. The best 30 year FHA fixed rate mortgages are 4.125% with a rather higher APR of 4.268%. VA 30 year loan deals are 4.125% carrying an APR of 4.274%.
15 year fixed rate mortgages are 3.460% and APR of 3.566% today.
5 year ARMs are listed at 3.250% at HSBC yielding an APR of 3.064% to start. The 7/1 ARM loans can be had for 3.500% today and APR of 3.224%. 10/1 Adjustable Rate Mortgages are available starting at 3.970% today with an APR of 3.609%.
Quotations of mortgage rates move up and down usually because of mortgage bonds and security prices that are in concert with stock market movements. Financial markets went down by close of day today to leave the DJIA at 15,337.70 a decrease of -113.35.
Mortgages at the bank moved along with the financial markets. On the topic of stocks, the banks stock price fell to 55.44 down -0.11%.