Standard 30 year loan interest rates at HSBC Bank (NYSE:HBC) have been offered at 4.440% and an APR of 4.508% today. The best 30 year FHA fixed rate mortgage interest rates are available starting at 4.125% at the bank carrying an APR of 4.330%. 30 year VA loan interest rates have been published at 4.125% carrying an APR of 4.336%.
The short term, popular 15 year fixed rate mortgage interest rates are on the books at 3.480% and APR of 3.598% today.
The 5/1 ARM loans at HSBC start at 3.290% and APR of 3.001%. The 7 year ARMs start at 3.540% and an APR of 3.180%. 10/1 ARM interest rates have been published at 3.810% carrying an APR of 3.466%.
How are the mortgage rates connected to the stock market?
Quotations of mortgage rates are sensitive to MBS’s traded on finance markets which move in concert with the stock market. The stock market fell by close today to leave the DOW at 15,337.70 down -0.73%.
Today HSBC parted ways with the day’s trading results today. Closer to home, the banks stock price declined to 55.44 down -0.06.