Daily Mortgage News

HSBC is out! HSBC is a UK based bank that at one point was America's top subprime lender, which explains their shutting down in the US! The American retail bank and credit card division of HSBC will remain open here in the states. HSBC has actually been renamed HFC & Beneficial.

Daily Mortgage Rates

Conventional 30 Yr Fixed Rate: 5.375%

FHA 30 Yr. Fixed Rate: 5.50%

100% (USDA) 30 Yr Fixed Rate: 5.50%