The best 30 year fixed rate mortgages have been quoted at 4.05% at HSBC Bank (NYSE:HBC) with an APR of 4.137%. The shorter term 15 year loan interest rates at the bank are listed at 3.56% and an APR of 3.709% today.
The 5 year ARM interest rates have been offered at 3.81% at HSBC with a starting APR of 4.097%. The 7/1 Adjustable Rate Mortgage interest rates have been published at 3.875% currently showing an APR of 4.092%. The 10 year ARM loans are being quoted at 3.96% today with an APR of 4.109%.
Separately, this particular bank’s stock fell off the cliff to 1.80 down -10.00%.