The benchmark 30 year fixed rate mortgages are coming out at 4.000% at HSBC Bank (NYSE:HBC) and APR of 4.134%. The best 30 year FHA fixed rate mortgages at the bank have been quoted at 3.500% and APR of 3.664%. VA 30 year fixed rate mortgages are listed at 3.500% carrying an APR of 3.664%.
The shorter term 15 year fixed rate mortgages are being offered for 3.125% and an APR of 3.348% today.
The 3 year ARMs stand at 3.250% currently showing an APR of 3.275%. The 5 year ARM loans have been quoted at 3.125% at HSBC with a starting APR of 3.247%.
The benchmark 30 year refinance loan deals are being offered for 4.250% at HSBC yielding an APR of 4.388% today. 30 year refinance FHA fixed rate mortgages start at 3.625% and APR of 3.791% today. The VA 30 year refi fixed rate mortgages have been published at 3.625% and APR of 3.791%. The shorter term 15 year refinance fixed rate mortgage interest rates are coming out at 3.375% at the bank carrying an APR of 3.602% today.