The best 30 year fixed rate mortgages are 4.09% at HSBC Bank (NYSE:HBC) carrying an APR of 4.177%. The short term, popular 15 year loans at the bank have been published at 3.625% with an APR of 3.775% today.
ARM interest rates in the 5 year category at HSBC are 4% and an APR of 4.166%. ARMs and their APRs change as interest rates move up and down. The 7 year ARMs can be had for 3.96% today carrying an APR of 4.133%. The 10/1 ARM loans are available starting at 4% currently and the APR is 4.134%.
Closer to home, HSBC’s stock price plummeted to 1.68 down -5.62%.