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Mortgage refinance rates

Take a look at our latest mortgage refinancing rates

Refinancing could help to lower your monthly payments, pay off your mortgage early or access the equity in your home. Take a look at today's rates.

All displayed rates updated 1/15/26, 11:23 AM

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Conforming mortgages

A conforming mortgage is a loan that meets Fannie Mae and Freddie Mac guidelines set by the Federal Housing Finance Agency (FHFA) for the financing of 1-4 family residences, condos or co-ops[@cooperatives]. Choose between the stability of a fixed rate mortgage or the flexibility of an adjustable rate mortgage (ARM)[@arm].

Our latest conforming mortgage refinance rates

Choose either a 15 or 30 year term.
Mortgage type	Interest Rate	APR
30 Year Fixed Rate	6.375%	6.540%
15 Year Fixed Rate	5.750%	5.866%

Choose either a 15 or 30 year term.
Mortgage type	30 Year Fixed Rate
Interest Rate	6.375%
APR	6.540%

Mortgage type	15 Year Fixed Rate
Interest Rate	5.750%
APR	5.866%

Conforming mortgages: based on the purchase of a single-family, primary residence, 80% loan-to-value (LTV), a credit score of 740, 15 days of prepaid interest and an interest rate with a 60-day lock period. See Assumptions, APR information and disclosures for conforming mortgages for each products corresponding closing costs, points, and payment examples. Rates shown are for the following counties in the state of New York only (Bronx, Kings, New York, Orange, Queens, Richmond, Rockland, Westchester, Nassau, Suffolk, and Erie); for current rates available in other counties in NY and all other States, please call 866.427.2101.

We offer additional mortgage options not listed above.

Rates, discounts and loan amounts depend on specific program and may require certain personal deposit and investment[@investmentsdisclaimershort] balances, reserves, equity and automatic payment from an HSBC U.S. checking account.

Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates available to most customers. Your individual rate may vary.

Assumptions:

Conforming 30 Year Fixed mortgage APR and monthly payment calculation are based on a loan amount of $400,000 and a down payment of 20%, with closing costs of $2416.75 plus 0.83 points.

Conforming 15 Year Fixed mortgage APR and monthly payment calculation are based on a loan amount of $400,000 and a down payment of 20%, with closing costs of $2416.75 plus -0.10 points.

Payment examples:

30 Year Fixed Rate: The total repayment term for this fixed rate loan is 30 years or 360 payments. Monthly principal and interest payments will be $2495.48 with a corresponding interest rate of 6.375%

15 Year Fixed Rate: The total repayment term for this fixed rate loan is 15 years or 180 payments. Monthly principal and interest payments will be $3321.64 with a corresponding interest rate of 5.750%

Jumbo mortgages

We offer a suite of jumbo mortgage products designed with additional features and discounts based on your banking relationship with HSBC.

Our latest HSBC Deluxe Mortgage rates

Choose between the stability of a fixed rate mortgage or the flexibility of an adjustable rate mortgage (ARM)[@arm].
HSBC Deluxe Mortgage rates	Interest Rate	APR
30 Year Fixed Rate	6.638%	6.689%
10/6 ARM	6.250%	6.468%
7/6 ARM	6.010%	6.416%
5/6 ARM	5.728%	6.393%

Choose between the stability of a fixed rate mortgage or the flexibility of an adjustable rate mortgage (ARM)[@arm].
HSBC Deluxe Mortgage rates	30 Year Fixed Rate
Interest Rate	6.638%
APR	6.689%

HSBC Deluxe Mortgage rates	10/6 ARM
Interest Rate	6.250%
APR	6.468%

HSBC Deluxe Mortgage rates	7/6 ARM
Interest Rate	6.010%
APR	6.416%

HSBC Deluxe Mortgage rates	5/6 ARM
Interest Rate	5.728%
APR	6.393%

Jumbo mortgages: based on the purchase of a single-family, primary residence, 65% loan- to-value (LTV), a credit score of 740, 15 days of prepaid interest and an interest rate with a 60-day lock period. See Assumptions, APR information and disclosures for jumbo mortgages for each products corresponding closing costs, points, and payment examples. Rates shown are for New York only; for current rates available in other states, please call 866.427.2101.

We offer additional mortgage options not listed above.

Assumptions:

Jumbo Deluxe Fixed Rate and Adjustable Rate Mortgage APR and Monthly Payment calculations are based on a loan amount of $1,000,000 and a down payment of 35%, with closing costs of $2492.75 plus 0.00 points.

Payment examples:

HSBC Deluxe 30 Fixed Mortgage: The total repayment term for this fixed rate loan is 30 years or 360 payments. Monthly principal and interest payments will be $6411.71 with a corresponding interest rate of 6.638%.

HSBC Deluxe Mortgage 10/6 ARM: The total repayment term for this ARM loan is 30 years or 360 payments. For the first 120 months, the principal and interest payment will be $6157.17 with a corresponding interest rate of 6.250%. For the remaining 240 months, the principal and interest payment will vary based upon the margin added to the current index on scheduled adjustment dates (which may be subject to adjustment or lifetime interest rate caps). Therefore, the actual interest rate and monthly principal and interest payment may be higher or lower than shown here but never below the margin or the floor rate for the applicable program.

HSBC Deluxe Mortgage 7/6 ARM: The total repayment term for this ARM loan is 30 years or 360 payments. For the first 84 months, the principal and interest payment will be $6001.94 with a corresponding interest rate of 6.010%. For the remaining 276 months, the principal and interest payment will vary based upon the margin added to the current index on scheduled adjustment dates (which may be subject to adjustment or lifetime interest rate caps). Therefore, the actual interest rate and monthly principal and interest payment may be higher or lower than shown here but never below the margin or the floor rate for the applicable program.

HSBC Deluxe Mortgage 5/6 ARM: The total repayment term for this ARM loan is 30 years or 360 payments. For the first 60 months, the principal and interest payment will be $5821.76 with a corresponding interest rate of 5.728%. For the remaining 300 months, the principal and interest payment will vary based upon the margin added to the current index on scheduled adjustment dates (which may be subject to adjustment or lifetime interest rate caps). Therefore, the actual interest rate and monthly principal and interest payment may be higher or lower than shown here but never below the margin or the floor rate for the applicable program.

Disclosures:

HSBC Deluxe Mortgage requires combined personal deposit and investment[@investmentsdisclaimershort] balances of at least (1) $75,000 for mortgage loan amounts up to and including $3,000,000 or (2) $200,000 for mortgage loan amounts greater than $3,000,000 up to and including $5,000,000. The minimum balance requirement must be in U.S. Dollars or equivalent at a member of the HSBC Group (in the U.S. or home country) and must be fully funded before closing of the mortgage loan. To learn more about the Deluxe Mortgage requirements, contact an HSBC representative or call 844.472.2684.

Explanation of mortgage terms

Fixed rate mortgage

The interest rate remains the same for the full term of the mortgage.

Adjustable rate mortgage (ARM)

The APR and monthly payment shown for Adjustable Rate Mortgages (ARMs) may increase or decrease after the initial fixed rate period per the terms stated in your adjustable rate note. ARMs not available in Rhode Island.

Interest rate

The rate of interest on a mortgage, expressed as a percentage.

APR

The APR is the annual cost of the loan and includes fees (such as mortgage insurance, most closing costs, discount points and loan origination fees) indicating the total cost of the loan.

Conforming mortgage

Conventional home mortgages eligible for sale and delivery to Fannie Mae or Freddie Mac. These agencies generally purchase first mortgages up to loan amounts mandated by the Federal Housing Finance Agency (FHFA).

Jumbo mortgage

Jumbo home mortgages exceed the limits set by the Federal Housing Finance Agency (FHFA).

Get started

If you’re looking to buy a new home, or to refinance your existing home, now could be the right time to consider your options.

Take the first step to get prequalified[@prequalified] online or speak to an HSBC Mortgage Consultant for a rate quote.

Apply now

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Disclaimers

Deposit products are offered in the U.S. by HSBC Bank USA, N.A. Member FDIC.

Mortgage and home equity products are offered in the U.S. by HSBC Bank USA, N.A. and are only available for properties located in the U.S. Subject to credit approval. Borrowers must meet program qualifications. Programs are subject to change. Geographic and other restrictions may apply. Discounts can be canceled or are subject to change at any time and cannot be combined with any other offer or discount.

If you are a service member on active duty looking to refinance your mortgage loan, please consult your legal advisor regarding whether your existing mortgage loan is eligible for benefits under the Servicemembers Civil Relief Act and how a refinance may impact those benefits.

Mortgage refinance rates