• Monday
  • September 22, 2014
  • Last updated: 6:15am
Hong Kong

Humidity 

UV 

Pollution 

Search Results

Results 1 - 10 of 110 for subprime mortgages

Related topics matching your search

Search results

  1. Mortgages may hit sales

    Posted Jun 10th 2011, 12:00am

    ... Colliers International has warned that tighter mortgage policies by banks may affect the growth of residential sales. It says mainland buyers now represent about 40 per cent of total buyers in the super-luxury sector, while average luxury residential prices have exceeded their peak in 1997 by 41 per cent. Colliers points out that between November last year and April, overall ...

    http://www.scmp.com/article/970137/mortgages-may-hit-sales
  2. MORTGAGE SLOWDOWN

    Posted Dec 09th 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, ...

    http://www.scmp.com/article/987193/mortgage-slowdown
  3. Loan and sales surge buoys mood

    Posted Apr 09th 2008, 12:00am by Chloe Lai, Peggy Sito

    ... being lured back into the market were easier rules on mortgage lending for second home purchases last month and an increase in sales transactions in some cities. Also helping to boost sentiment, ... mortgage down payments and repayment rates. In October last year, the central government raised the minimum down payment required for investors who already owned a property, and ordered banks ...

    http://www.scmp.com/article/632974/loan-and-sales-surge-buoys-mood
  4. Price and rate cuts lift sales of homes

    Posted Mar 14th 2012, 12:00am

    ... Yvonne Liu yvonne.liu@scmp.com Property sales on the mainland climbed significantly this month amid a lowering of mortgage rates at banks and steep price cuts by developers at new ... from the previous month. Dickson Wong Hung, the chief executive at Centaline (China) for the north and southwest regions, said it had been difficult for home seekers to get mortgages last year ...

    http://www.scmp.com/article/995381/price-and-rate-cuts-lift-sales-homes
  5. Real estate policy

    Posted Apr 15th 2011, 12:00am

    ... Mainland raises mortgage rates for loans from housing provident funds, raises benchmark interest rates; October 19 Surprise interest rate rise, first time in three years; September 29 Down payment of at least 30 per cent required for all mortgages, banks to halt all mortgage lending for third homes; August 5 Lenders to test impact of fall in house prices of up to 60 per cent in key cities, ...

    http://www.scmp.com/article/965130/real-estate-policy
  6. Property sales fall 30pc as rates bite

    Posted Aug 03rd 2005, 12:00am by Peggy Sito

    ... said Eddie Hui Chi-man, professor of building and real estate at Polytechnic University. 'Higher mortgage payments are reducing affordability and curbing investor appetite for property.' Apart from the rise in the prime rate, banks had also tightened the spread between prime and mortgage rates, providing another reason for potential homebuyers to hold off, he said. Lending ...

    http://www.scmp.com/article/510749/property-sales-fall-30pc-rates-bite
  7. Comment - Insight & Opinion - LEADER

    Oi Wah Pawnshop could be a sign of the times

    Posted Mar 14th 2013, 12:00am by SCMP Editorial

    ... enjoy a discounted prime rate of around 2.2 per cent these days. All this sounds like the Hong Kong version of subprime mortgage lending. Let's just hope it won't all end in tears ... But the share price plunged almost 7 per cent yesterday as the broader markets fell. Oi Wah, in business for 37 years, recently transformed when it started mortgage lending in 2009, just when ...

    http://www.scmp.com/comment/insight-opinion/article/1190107/oi-wah-pawnshop-could-be-sign-times
  8. Interest income boosts profits at Shenzhen lender

    Posted Mar 22nd 2007, 12:00am by Staff Reporter

    ... rates, gained 33 per cent to 6.5 billion yuan, accounting for 91 per cent of revenue. Individual loans climbed 87 per cent, including a 112 per cent jump in mortgages. Net commission and agency ...

    http://www.scmp.com/article/585982/interest-income-boosts-profits-shenzhen-lender
  9. Beijing weighs curbs on foreign buying of homes

    Posted Jul 12th 2006, 12:00am by Mark O'Neill

    ... here can only buy a home for their own use. Other possible measures are banks giving mortgages only in yuan, not foreign exchange, a ban on resale of second homes for a certain period, an increase in the initial down payment for such homes or charging a higher interest rate on such mortgages. On May 29, the State Council announced a series of measures aimed at dampening speculative ...

    http://www.scmp.com/article/556240/beijing-weighs-curbs-foreign-buying-homes
  10. Bleak outlook doesn't mean it's time to offload your flat

    Posted Jul 03rd 2008, 12:00am by Jake Van Der Kamp

    ... wealthiest. We could not have it anyway when completions of new flats are near a record low. And we have never had irresponsible financing of the sort that has created the subprime crisis in America. Even at the worst of the property slump of recent years, the three-month mortgage delinquency rate stood only at 1.43 per cent. It is at present at 0.07 per cent. Housing markets in America ...

    http://www.scmp.com/article/643785/bleak-outlook-doesnt-mean-its-time-offload-your-flat

Pages

Login

SCMP.com Account

or