Standard 30 year loan interest rates stand at 4.09% at HSBC Bank (NYSE:HBC) and an APR of 4.177% today. Shorter term 15 year loans at the bank are being offered for 3.625% and an APR of 3.775%.
5/1 ARMs are on the books at 4% at HSBC with a starting APR of 4.166%. The 7 year Adjustable Rate Mortgages stand at 3.96% today with a starting APR of 4.133%. ARMs in the 10 year category are available starting at 4% currently with a starting APR of 4.134%.
Separately, the banks stock fell off the cliff to 1.68 down -0.10.