Mortgage Rates Tuesday: HSBC, US Bank Jan 2, 2018

 Mortgage Rates Tuesday: HSBC, US Bank Jan 2, 2018

HSBC

30 year fixed rate loans are on the books at 4.09% at HSBC Bank (NYSE:HBC) carrying an APR of 4.177%.  Popular 15 year loan interest rates are 3.625% carrying an APR of 3.775% today.  

As far as ARMs go, 5 year deals are coming out at 4% at HSBC yielding an APR of 4.166% at present.  7 year ARMs are 3.96% currently yielding an APR of 4.133% to start.  The 10 year ARMs are listed at 4% today with an APR of 4.134%.  

Related to the market discussion, HSBC’s own stock plunged to 1.68 down -0.10.