MORTGAGE SLOWDOWN | South China Morning Post
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  • Feb 28, 2015
  • Updated: 12:28am

MORTGAGE SLOWDOWN

PUBLISHED : Friday, 09 December, 2011, 12:00am
UPDATED : Friday, 09 December, 2011, 12:00am

Mortgage consulting company mReferral expects the total value of mortgages from banks for this year will be about HK$228 billion, lower than the HK$324 billion for 2010, as a result of the quieter market in the second half. Chief economic analyst Sharmaine Lau says there may be a mortgage war in the first quarter of next year, but warns that rates could rise further in 2012, possibly reaching 4 per cent.

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