Mortgage Hong Kong Latest Information

Mortgage Hong Kong Latest Information

Hong Kong Shares Hit 6-month High, Shanghai Strong Too
Hong Kong shares hit a six-month high on Wednesday and Shanghai's benchmark closed at its highest since Dec. 2 following a slew of Beijing policy moves ahead of Thursday's release of China January inflation data.

Hong Kong Homes Face 25% Drop in Year of the Dragon: Mortgages
The Year of the Dragon, representing wealth and power in China, is shaping up to be the opposite for the world’s costliest housing market, Hong Kong.

Hong Kong Further Improves SME Financing Guarantee Scheme
To support small- and medium-sized enterprises (SMEs) during the global economic slowdown, Hong Kong’s Secretary for Commerce & Economic Development, Gregory So, has proposed further concessionary measures under the SME Financing Guarantee Scheme (SFGS) within the first half of this year.

Hong Kong December New Mortgage Drawn-Down Falls to 3-Year Low
Hong Kong’s December new mortgage drawn-down dropped to the lowest in almost three years as the city’s property curbs deterred buyers in the world’s most expensive place to buy homes.

Hong Kong Mortgage Rates To Stay Low, Citi Says
Hong Kong developers should benefit from changing expectations on the interest-rate outlook, as an extended period of ultra-cheap money now appears more likely after the U.S. Federal Reserve forecast low rates through late 2014, Citigroup said Friday.

Hong Kong To Launch Microfinance Pilot Scheme
The Hong Kong Mortgage Corporation Limited (HKMC) has announced that it will shortly seek approval to launch a microfinance pilot scheme with a trial period of three years, from mid-2012.

HK mortgage rates set to rise
Average mortgage rates in Hong Kong are expected to rise by as much as four percent this year, from the current 2.38 percent, said Sharmaine Lau, Chief Economist at mReferral Mortgage Brokerage Services.

Buyers target Hong Kong's 'haunted houses'
It may not be everyone's idea of a dream home, but for bargain hunters in Hong Kong's turbocharged property market apartments that belonged to the recently deceased are proving irresistible -- and the more gruesome the occupant's demise the better.

Hong Kong Financial Secretary: To Include 47 Sites On Land Auction List Next Fiscal Year
Hong Kong Financial Secretary: To Include 47 Sites On Land Auction List Next Fiscal Year

Hong Kong Pulls Land Site From Tender After Bids Fail to Meet Expectations
The Hong Kong government yesterday withdrew the tender for a property project at a subway station and sold another site for less than estimated, underscoring concerns that home prices in the city may fall further.

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