What is the rate AND date of the last HSBC prime rate change?
611042
HSBC Holdings is one of the largest banking groups in the world, ranked the fifth-largest company and third-largest banking company in the world in Forbes Global 2000. Its head office is located in the HSBC Tower in the London Docklands. The group is named after its founding member, the Hongkong and Shanghai Banking Corporation, a bank established by Thomas Sutherland, a Scot, to finance British trade in the Far East in 1865.\n\nIn North American banking, the prime rate is the interest rate charged by lenders to borrowers who they consider most creditworthy. It varies little among banks, and adjustments are generally made by banks at the same time, although this does not happen with great frequency.\n\nGood Luck!
466623
1) Do not contact 'motgage guru' since on a purchase there is NO RIGHT of RECESSION; period. You only have a 3 day recession on a refinance of your primary residence. Adding a HELOC to a primary residence is a refinance transaction.\n\n2) It sounds like your getting the shaft... Either cancel if possible or start yelling! Once you sign those docs they are set in stone.\n\n3) On a HELOC the rate is based on the prime rate. When you received your GFE the prime rate may have been lower and then it increased since you got the GFE; currently prime is 7.75%.\n\nWhat it kinda sounds like to me is that your HELOC has an introductory teaser rate for a couple of months at 6.625 or there abouts but with the fully indexed rate at 12.3%. What the 18% is telling you is the maximum interest rate cap on the loan. If you take your 12.3% and subtract out the prime rate you have a margin of 4.55%. What this means is that when ever prime goes up or down, add 4.55 to the current rate and there you are.\n\nIf you want to speak to me in some detail about your deal I maybe able to assit you with a much better product.\n\nKevin\nkruorock@firstratelending.com 866-562-6838 x 106
243337
go to www.xe.com for current rates
117317
HSBC Direct has the highest that I know of right now, at 4.8%. That is a promotional rate (no restrictions, unlike ING Direct) until sometime in May, but their base rate of 4.25% will probably rise by that time, and I expect it to remain among the highest available rates after the promotional period ends.\n\nI should point out that ING Direct's 4.75% is restricted in such a way that customers such as myself won't be able to earn the 4.75%, and would be limited to the base rate of 3.8%. Be sure to read the fine print.
1046223
hsbc is not just an online bank, it has branches all over the world, 9500 offices in 76 countries, it was founded from 1865 pay more attendance the next time you step outside :)\n\ntheir online savings acount is great, 4.8%.  it takes 3 business days to complete the transaction.  so if you have to transfer money, do it before wednesday, otherwise, you'll have to wait until the following week
187018
Try the references below for this kind of thing.\n\nBut from the S & T calendar it was 1st quarter 3:16 PM EST on 3/6, Full 6:36 PM EST on 3/14, last quarter at 2:10 PM EST 3/22 and new at 5:15 AM EST 3/29.
1114234
Sometimes bank offer "teaser" rates for short times, then drop them.  As best as I understand it, ING did offer 4.75%, but has dropped it to 4.25%.  HSBC is currently offering 4.80%, but will they drop it later?  The Vanguard Prime Money Market Fund currently offers 4.83%.  They don't do teaser rates, but they are not FDIC insured.
1081681
I don't think so. I think 04-05 was the last. \nYou can check at http://www.allahabadbank.com/
385604
the rates are going to be the same, but the cutoffs will increase slightly due to inflation.\n\nHowever, these won't be announced for another few months.
742216
First off, cancel your HSBC account and open a good one. I just moved to the US and since "the worlds local bank" has branches in both places I thought it would be ideal.............wrong.\n\nThe Halifax bank charged less and didn't have me messed around by someone whose first language was NOT English or make unreasonable limits. \n\nAny bank should be able to do it with the account number and routing/sort code of the Australian bank. The rate will be fixed at the time and a fixed fee apply
977603
go to yahoo finance, then look at the 5 year chart and look for splits. other wise go to one of the sub categories on the left until you fine " last split" and it will show the date
789170
The prime rate was last lowered from 2 1/4 % to 2% on 6/25/2003.  The federal funds rate target was lowered on the same day to 1% from 1.25%.
38458
assuming monthly compounding and no additions to prinicpal:\n\nat 4% - 23 yrs\nat 8% - 11.5 yrs\nat 16% - 5.83 yrs (5 yrs 10 months)\n\nOf course your terms change when you change your compounding frequency & if you add additional principal at any point during your term
582574
The interst rate has gone up and probably will again in another months time. I would suggest to wait....
462775
By close of business on 1st May.\nIf you're not sure, phone and ask.
754279
It was last traded in BSE on 2.05.97 and the last traded price was Rs.3. The ph.nos are (022)2013677, (022)2083365
777146
Prime rate was 7% on 11/05 and 8.25% on 11/06.  The reason why they go up is because of the Fed wants inflation to remain below 3%.  Too much inflation hurts everyone because prices increase rapidly.