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  • November 28, 2014
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Results 1 - 2 of 2 for subprime mortgages

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  1. Hang Lung profit rises 26pc on strong growth in rents

    Posted Aug 16th 2007, 12:00am by Sandy Li

    ... due to the troubled subprime mortgage market in the United States. 'But it will not have a long-term significant impact on Hong Kong. We do not care about short-term market ...

  2. Hong Kong ready to blow bubbles in 2008

    Posted Dec 31st 2007, 12:00am by Tom Holland

    ... of the conditions are in place. Most notably the United States is cutting interest rates in response to the subprime crisis, dragging Hong Kong rates lower, while imported food price rises from the mainland ... in 2009. By that time, savings deposits will be losing 4.5 per cent a year, while the mortgage rate could be minus 2 per cent in inflation-adjusted terms. Expect money to flow out of banks ...



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