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  • November 23, 2014
  • Last updated: 1:50pm
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Results 1 - 2 of 2 for subprime mortgages

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  1. Mortgage insurer extends coverage; end of 95pc loans

    Posted Dec 12th 2008, 12:00am by Yvonne Liu

    ... Yvonne Liu Limit raised to 30pc of purchase price amid tighter lending policies The Hong Kong Mortgage Corporation has extended its insurance coverage in response to banks' tighter ... its premiums, shortened the allowable term of the mortgage and tightened its debt-to-income ratios that govern how much buyers can actually borrow. Before the credit crunch, banks were lending ...

  2. Big rise in supply halts rent surge

    Posted Aug 13th 2008, 12:00am by Yvonne Liu

    ... services sector due to the subprime mortgage debacle and the credit crunch. But inflation aside Hong Kong to date has been relatively unaffected by external events,' Mr Brooke said on Monday. ... 'They have found that rental income is enough to cover their mortgages.' But Mr Wong said he expected rents to begin picking up again next month thanks to continued strong demand ...



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