Current Mortgage Interest Rates at HSBC Bank for December 8


Current Mortgage Interest Rates at HSBC Bank for December 8HSBC Bank (NYSE:HSBC), which is an established lender in the U.S., updated its mortgage information for Monday, December 8. For updated details on the New York, NY-headquartered bank’s mortgage interest rates and APRs, please check the data below. HSBC Bank advertises excellent interest rates under its mortgage loan program, so those who are looking to invest either in a new / used home or to refinance an existing mortgage, may find some suitable mortgage products at this financial institution.

HSBC Bank Home Purchase Rates

30-Year Fixed-Rate Mortgage: 4.070%, 4.131% APR
15-Year Fixed-Rate Mortgage: 3.420%, 3.529% APR
30-Year Fixed FHA Mortgage: 3.875%, 4.029% APR
30-Year Fixed VA Mortgage: 3.875%, 4.035% APR
5/1 Adjustable Rate Mortgage (ARM): 3.250%, 3.065% APR
7/1 Adjustable Rate Mortgage (ARM): 3.375%, 3.166% APR

Please, bear in mind, that the present mortgage interest rates may vary without prior notice from the lender and are subject to change based on location, geography and other terms and conditions. The annual percentage rates (APR) were made based on discount points, origination fees, average loan fees and closing costs.

► Compare Today’s Mortgage Rates and Find The Best Loans

Looking at average mortgage interest rates, Bankrate’s (NYSE:RATE) mortgage survey released last week showed, that the interest rate on 30-year mortgage loans tumbled to 4.07% from the former 4.08%. The survey also revealed, that the interest rate on the 15-year FRM remained unchanged at 3.29% last week. On the other hand, the more flexible 5/1 ARM now comes with an average rate of 3.20%, a slightly higher rate compared to figures from the prior week, according to company’s data.

McLean, Virginia-based housing-finance company Freddie Mac reported last week that the average rate on the 30-year fixed mortgage dipped to 3.89%, a lower interest rate compared to data from a week earlier. According to the company’s weekly survey, the 15-year FRM fell to 3.10%.

For further details on the latest home purchase and refinance mortgage interest rates at HSBC Bank, as well as information on borrowing terms and conditions and loan assumptions, please take a look at the bank’s website.