New season, new rate: HSBC makes a modest cut to its Home Value Loan
17 Sep 2019

HSBC has today slashed the rate on its Home Value Loan by 10 basis points, bringing its new variable rate to a low 3.17% (3.19% comparison rate*) for borrowers who plan to make principal and interest repayments and are looking to borrow up to 90% of the property’s value.
“With spring property season well and truly here, it makes sense for lenders to subtly start decreasing rates across their variable rate products,” said Mozo Banking Expert, Peter Marshall.
“And with another RBA rate cut expected around the corner, it’s likely that other lenders will be trimming rates.”
The HSBC Home Value Loan is no stranger to being in the spotlight though, as at the start of the year it received a 2019 Mozo Experts Choice Award^ in three separate categories - Low Cost Loan, First Home Buyer Loan and Split Loan.
“HSBC performed very well in this year’s awards, as it delivered exceptional value given the number of features,” explained Marshall.
Want a closer look at the HSBC Home Value Loan? You got it!
HSBC Discounted Home Value Loan

Low 3.17% variable rate (3.19% comparison rate*)
No upfront or ongoing fees
Borrow with a 10% deposit
If you’re a first home buyer, then the HSBC Home Value Loan could be just the thing to get your property journey off to a smashing start. This budget-friendly loan features a low 3.17% variable rate (3.19 comparison rate*) and no upfront or ongoing fees, so borrowers will be able to put every dollar towards their mortgage. You’ll also be able to make as many extra repayments as you’d like with no penalty or redraw them (free online) if you ever need the money back in your pocket. And like we said before, this home loan is a multiple Mozo Experts Choice Award winner^!
^See information about the Mozo Experts Choice Home loans Awards
Want to find out how the HSBC Home Value Loan stacks up against others in the market? Then head on over to our home loan comparison tool, which currently compares over 500 home loans from more than 80 lenders!
^ More information about our Mozo Experts Choice Awards