Standard 30 year loan interest rates at HSBC Bank (NYSE:HBC) have been published at 4.09% today with an APR of 4.177%. The short term 15 year fixed rate mortgage interest rates are published at 3.625% at the bank yielding an APR of 3.775%.
The 5/1 ARM deals at HSBC have been listed at 4% with a starting APR of 4.166%. ARM interest rates in the 7 year category are being offered for 3.96% and APR of 4.133%. The 10/1 Adjustable Rate Mortgages are being quoted at 4% and the APR is 4.134%.
Related to the market discussion, this particular bank’s stock fell off the cliff to 1.68 down -0.10.
BMO Harris Bank
30 year fixed rate mortgages are being quoted at 3.750% at BMO Harris Bank yielding an APR of 4.005%. Shorter term, popular 15 year fixed rate mortgage interest rates are available starting at 3.250% carrying an APR of 3.589%.
10 year fixed rate loans at the bank are coming out at 3.125% with an APR of 3.614%. The best 20 year loan interest rates at the bank have been offered at 3.500% with an APR of 3.882%.
ARMs in the 3 year category are available starting at 2.875% today yielding an APR of 4.060% to start. ARM loans in the 5 year category have been published at 3.000% at Harris Bank with a starting APR of 3.954% which will change as interest rates adjust. The 7/1 Adjustable Rate Mortgage interest rates have been offered at 3.375% today showing an APR of 4.002%. The 10 year ARM interest rates have been quoted at 3.500% today with an APR of 3.971%.
Separately, the banks stock moved higher to 77.61 up +0.27.