The best 30 year fixed rate loans stand at 4.09% at HSBC Bank (NYSE:HBC) carrying an APR of 4.177%. The short term, popular 15 year FRMs at the bank are on the books at 3.625% and APR of 3.775%.
In the ARM arena, 5 year interest rates at HSBC start at 4% with an APR of 4.166%. 7/1 ARM loans have been published at 3.96% with a starting APR of 4.133%. ARM interest rates in the 10 year category are on the books at 4% today and APR of 4.134%.
More specifically, the stock price of HSBC nose dived to 1.68 down -0.10.