Standard 30 year FRM interest rates at HSBC Bank (NYSE:HBC) are 4.09% and APR of 4.177%. Popular 15 year fixed rate loans at the bank are published at 3.625% today yielding an APR of 3.775%.
ARM loans in the 5 year category at HSBC are listed at 4% and the APR is 4.166% on initial purchase. The 7 year ARM loans start at 3.96% and the APR is 4.133%. 10/1 ARM loans have been published at 4% currently yielding an APR of 4.134% to start.
Drilling down a bit, the banks stock price fell off the cliff to 1.68 down -5.62%.