30 year fixed rate loan interest rates at HSBC Bank (NYSE:HBC) are 4.09% carrying an APR of 4.177% today. The short term, popular 15 year fixed rate loans have been published at 3.625% today with an APR of 3.775%.
ARM interest rates in the 5 year category at HSBC start at 4% and an APR of 4.166%. ARMs and their APRs change as interest rates move up and down. The 7 year ARM interest rates are on the books at 3.96% with a starting APR of 4.133%. The 10/1 ARMS are coming out at 4% currently with an APR of 4.134% to start.
Independent of mortgage rates, the banks stock nose dived to 1.68 down -5.62%.