HRT got rid of most of it for me, and there's no longer enough that it's blatantly noticeable, but I do still have to shave it for my own personal comfort every couple of weeks or so.
I have several trans friends who still have quite noticeable body hair, though, so it's not a guarantee that it will go away. Finasteride and other DHT blockers supposedly help a bit, but the general rule is that HRT won't get rid of it, it will just thin out what you already have.
And that's my experience. I still have just as many hairs there as before, it's just that a lot of them turned back into blond vellus hairs, and the dark ones that remained got lighter in color and not as thick. So it's all still there, it's just not noticeable anymore. And again, it varies from person to person. Some have almost nothing visible left over after HRT, some still have to shave regularly to get it to look smooth. It's kind of a crapshoot.