Problems with video

I can successfully log and transfer AVCHD files i shot with my HMC 150 mostly at 720/24. However when I queue the clips into final cut both my viewer and canvas condense the video file, slightly altering the image. It looks to go from a full screen to a wide screen format but the wide screen format doestn' maintain the correct sizing. In addition when while video is being playing back in the viewer or canvas my mouse icon will shake back and forth quickly. I'm very new to FCP and was wondering if anyone had some suggestions on why this might be happening and how I can fix it.
 
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