Mortgage Rates Today: 30-Year FHA Home Loans and VA Mortgage Rates at HSBC Bank for June 11


Mortgage Rates Today: 30-Year FHA Home Loans and VA Mortgage Rates at HSBC Bank for June 11New York, NY-based lender, HSBC Bank (NYSE:HSBC) updated its home purchase loan information for June 11, 2015. Detailed information on HSBC Bank’s current mortgage interest rates and APRs are listed below. HSBC Bank provides 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 ideal mortgage solutions at this bank.

HSBC Bank Home Purchase Rates

30-Year Fixed-Rate Mortgage: 4.160%, 4.227% APR
15-Year Fixed-Rate Mortgage: 3.390%, 3.508% APR
30-Year Fixed FHA Mortgage: 4.000%, 4.150% APR
30-Year Fixed VA Mortgage: 4.000%, 4.135% APR
5/1 Adjustable Rate Mortgage (ARM): 3.250%, 3.151% APR
7/1 Adjustable Rate Mortgage (ARM): 3.560%, 3.325% 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.

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Freddie Mac, which is based in McLean, VA, said on Thursday, that the average rate on the 30-year fixed mortgage surged to 4.04% from the former 3.87%. Meanwhile, the interest rate on the shorter-term 15-year fixed mortgage rose to 3.25% this week. Previously this type of mortgage loan was hovering at a rate of 3.08%, according to the housing giant.

Consumer financial services company, Bankrate also published its weekly mortgage survey, which revealed that the interest rate on the 30-year conventional loan edged up to 4.15% during the week. The interest rate on the shorter-term, 15-year mortgage rose at 3.39%, according to the survey. The interest rate on the 5/1 adjustable rate mortgage soared in Bankrate’s latest survey, this type of mortgage is now coming out at 3.24%.

For additional 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 see the bank’s website.