The benchmark 30 year loan interest rates can be had for 4.05% at HSBC Bank (NYSE:HBC) today yielding an APR of 4.137%. Shorter term, popular 15 year loan interest rates are 3.56% at the bank and APR of 3.709%.
The 5 year ARM interest rates at HSBC start at 3.81% with a starting APR of 4.097%. The 7/1 Adjustable Rate Mortgages are available starting at 3.875% currently with an APR of 4.092% to start. 10 year ARMs have been offered at 3.96% currently yielding an APR of 4.109%.
Specifically, the banks stock fell sharply to 1.80 down -0.20.
The best 30 year loans start at 3.625% at TD Bank (NYSE:TD) today and an APR of 3.929%. 5/1 ARM interest rates at TD Bank start at 2.875% yielding an APR of 4.003%. ARM loans in the 7 year category start at 3.000% today with an APR of 3.920%. 10/1 ARMs are available starting at 3.125% today with an APR of 3.835%.
Independent of mortgage rates, TD Bank’s stock price fell to 57.56 down -0.04.