Current mortgage rates for HSBC Jumbo Loans are some of the lowest in the industry. A Jumbo Loan is a mortgage that is for an amount that exceeds the limit set by government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac. The current limit is $417,000 for most areas of the country, but in some higher priced areas the limit is $625,500. Rates on Jumbo Loans are similar to rates on conventional loans, but are usually slightly higher. HSBC is currently offering Jumbo Loans at rates as low as 3.750% for a 30 year fixed loan and 3.125% for a 15 year fixed loan. These rates are among the lowest in the industry and are a great option for anyone looking for a Jumbo Loan.
1. Jumbo mortgage rates have been on the decline in recent months 2. HSBC is currently offering some of the lowest jumbo mortgage rates available 3. 30-year fixed jumbo mortgage rates are currently being offered for as low as 3.875% 4. 15-year fixed jumbo mortgage rates are currently being offered for as low as 3.125% 5. 5/1 ARM jumbo mortgage rates are currently being offered for as low as 3.25% 6. HSBC offers several other competitive mortgage products in addition to jumbo mortgages 7. Contact a HSBC mortgage loan officer for more information on current rates and products
1. Jumbo mortgage rates have been on the decline in recent months
Jumbo mortgage rates have been on the decline in recent months. According to data from Freddie Mac, the average rate for a 30-year fixed-rate jumbo mortgage was 4.33% as of March 28, 2019, down from 4.37% the week before and 4.94% a year ago. This downward trend in mortgage rates is good news for homebuyers who are looking to purchase a high-priced home. A jumbo mortgage is a loan that is for an amount that exceeds the conforming loan limit set by the government-sponsored enterprises Freddie Mac and Fannie Mae. In most U.S. counties, the conforming loan limit is $453,100, but in areas with high housing prices, the limit can be as high as $679,650. Mortgage rates have been on a decline since the end of 2018, when the average rate for a 30-year fixed-rate mortgage was 4.94%. This decline can be attributed to a number of factors, including the Federal Reserve's decision to raise interest rates and concerns about the slowing global economy. The decline in jumbo mortgage rates is good news for homebuyers who are looking to purchase a high-priced home. With rates at more affordable levels, now is a good time to consider making a purchase.
2. HSBC is currently offering some of the lowest jumbo mortgage rates available
HSBC is currently offering some of the lowest jumbo mortgage rates available. If you're looking to buy a home or investment property that doesn't fit conventional lending guidelines, a jumbo mortgage from HSBC may be a good option for you. Jumbo loans are mortgages that exceed $625,500 for most counties in the US, or $800,000 in high-cost areas. Because they're considered non-conforming loans, they usually come with slightly higher interest rates than conventional mortgages. However, HSBC is currently offering rates as low as 4.125% for a 30-year fixed jumbo mortgage. That's lower than the average rate for a conventional 30-year fixed mortgage, which is currently around 4.5%. If you're considering a jumbo mortgage from HSBC, now is a good time to lock in a low rate. HSBC's rates are subject to change at any time, so if you wait too long, you may miss out on this great offer.
3. 30-year fixed jumbo mortgage rates are currently being offered for as low as 3.875%
30-year fixed jumbo mortgage rates are currently being offered for as low as 3.875%.Now is a great time to lock in a rate for your mortgage. Jumbo mortgages are available in both adjustable and fixed rate options. Contact your bank or mortgage lender today for more information on these low rates.
4. 15-year fixed jumbo mortgage rates are currently being offered for as low as 3.125%
A 15-year fixed jumbo mortgage is a mortgage that has a specific, fixed rate of interest for the entire 15-year term of the loan. Jumbo mortgages are available in both 15-year and 30-year terms and have several advantages for borrowers. The most significant advantage of a 15-year fixed jumbo mortgage is the low interest rate. Jumbo mortgage rates are typically lower than conventional mortgage rates, and a 15-year fixed jumbo mortgage rate can be even lower. This makes 15-year fixed jumbo mortgages an attractive option for borrowers who want to keep their monthly payments low. Another advantage of a 15-year fixed jumbo mortgage is that it can help you pay off your mortgage faster. With the shorter loan term, you’ll have the opportunity to make larger monthly payments towards your principal balance, which can help you pay off your mortgage sooner. If you’re looking for a low-rate mortgage with a fixed interest rate for the entire loan term, a 15-year fixed jumbo mortgage may be a good option for you.
5. 5/1 ARM jumbo mortgage rates are currently being offered for as low as 3.25%
Current HSBC Jumbo Mortgage Rates Homebuyers and refinancers who are looking for a jumbo mortgage may be interested in the current rates being offered by HSBC. Rates for a 5/1 ARM jumbo mortgage are as low as 3.25%, making this a great option for borrowers who plan to stay in their home for a few years before selling or refinancing. HSBC offers several other jumbo mortgage products, including 30-year fixed-rate mortgages and 7/1 ARMs. Borrowers who are unsure about which type of mortgage is right for them can speak to a HSBC mortgage professional to get more information and find the best fit. With rates still near historic lows, now is a great time to finance a jumbo mortgage with HSBC. Borrowers who take advantage of current rates can save thousands of dollars over the life of their loan, so it's worth considering all of your options before making a decision.
6. HSBC offers several other competitive mortgage products in addition to jumbo mortgages
HSBC offers several other competitive mortgage products in addition to jumbo mortgages. Some of the other products available from HSBC include: -Fixed rate mortgages: A mortgage where the interest rate stays the same for the entire term of the loan. -Adjustable rate mortgages: A mortgage where the interest rate can change over time, usually in response to changes in the market. -FHA loans: A loan insured by the Federal Housing Administration, which can be a good option for first-time homebuyers or those with less-than-perfect credit. -VA loans: A loan guaranteed by the Department of Veterans Affairs, which can be a good option for active military members or veterans. -USDA loans: A loan guaranteed by the U.S. Department of Agriculture, which can be a good option for buyers in rural areas. HSBC also offers a variety of other banking products and services, including checking and savings accounts, credit cards, personal loans, and more.
7. Contact a HSBC mortgage loan officer for more information on current rates and products
HSBC is proud to offer some of the most competitive Jumbo mortgage rates in the market. Our qualified loan officers are ready to provide you with more information on our current rates and products, so that you can make the best decision for your needs. Whether you're looking to purchase a new home or refinance your existing one, HSBC has a Jumbo mortgage solution that's right for you. We offer a variety of products including fixed and adjustable rate loans, with terms ranging from 5 to 30 years. No matter what your budget or financial situation is, HSBC is here to help make your homeownership dreams a reality. Contact one of our loan officers today to learn more about our current Jumbo mortgage rates and products.
Current HSBC Jumbo Mortgage Rates provide potential homeowners with an affordable financing option. Jumbo mortgages are available with both fixed and adjustable interest rates. Borrowers can choose the mortgage type that best suits their needs. Fixed interest rates provide stability and peace of mind, while adjustable rates offer the potential for lower monthly payments. No matter which type of interest rate you choose, HSBC offers competitive rates that can save you money.
