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Last Friday evening, S&P downgraded the U.S. credit rating. This marks the first time that the U.S. has seen its sterling rating tarnished. Since then, the stock market has been quite volatile, with investors being taken on a wild ride. However, the stock market isn’t the only thing that might be affected by the credit downgrade. Mortgage rates might soon be affected. If Treasuries Rise, Mortgage Rates May Rise, Too One of the possible effects…

HSBC is one of the world’s most well-known banks. This bank is known to have four different business groups and specialize in the following: commercial, global, personal, and private banking. HSBC deals with bank marketing and is established around the entire world. The origin of HSBC Bank dates back from Hong Kong in the early 1860s. In 2010, HSBC was known to be worth more than 2 trillion dollars, which varies in the stock of…