30 year loans at HSBC Bank (NYSE:HBC) start at 4.09% yielding an APR of 4.177% today. The shorter term 15 year fixed rate mortgage interest rates start at 3.625% and an APR of 3.775%.
5 year ARM interest rates at HSBC start at 4% yielding an APR of 4.166% at the beginning of the loan. 7 year ARM loans have been published at 3.96% today with an APR of 4.133%. The 10 year ARM interest rates stand at 4% currently with an APR of 4.134%.
Independent of mortgage rates, this particular bank’s stock price fell sharply to 1.68 down -0.10.