Standard 30 year loans have been published at 4.09% at HSBC Bank (NYSE:HBC) today yielding an APR of 4.177%. The shorter term 15 year fixed rate mortgages have been quoted at 3.625% yielding an APR of 3.775% today.
As far as ARMs go, 5 year loans at HSBC have been published at 4% yielding an APR of 4.166% at present. The 7/1 ARM interest rates can be had for 3.96% carrying an APR of 4.133%. The 10/1 ARM loans are listed at 4% currently carrying an APR of 4.134%.
Separately, this particular bank’s stock price nose dived to 1.68 down -0.10.