Digital News Report – Today HSBC was offering mortgage refinancing with 30-year and 15-year terms.
Refinancing rates may differ from new purchase loan rates. In the case of HSBC, the rates are identical, but they are subject to change on a daily basis. The rate may depend on the time of closing.
HSBC is based in London, but has branches throughout the world. They have approximately 8,000 offices in 87 countries.
The bank was offering their 30-year refinance mortgages for 5.125%. Their 15-year rates were 4.50%.
The bank also offers FHA and VA financing. Their 30-year FHA / VA refinance loans were set at 5.0%.
By Tina Brown