The best 30 year loan interest rates start at 4.09% at HSBC Bank (NYSE:HBC) and an APR of 4.177%. The shorter term 15 year FRM interest rates are listed at 3.625% at the bank today yielding an APR of 3.775%.
5 year Adjustable Rate Mortgages have been published at 4% at HSBC yielding an APR of 4.166%. The 7/1 ARM loans are being offered for 3.96% today with an APR of 4.133% to start. ARM interest rates in the 10 year category are being offered for 4% with an APR of 4.134%.
Now HSBC’s stock price fell off the cliff to 1.68 down -0.10.