• Sun
  • Sep 21, 2014
  • Updated: 3:46pm

Fixed Rate Mortgage

Caution rules amid rates and slump worries

Chris Lane and his wife, Karen, are keen to buy a property in Hong Kong to prepare for their return from Japan, where they've been working in the ski resort town of Niseko.

Wednesday, 25 May, 2011, 12:00am

HKMC plans 10-year fixed-rate loans

The Hong Kong Mortgage Corp will launch a revised scheme offering homebuyers fixed-rate loans for up to 10 years, according to executive director Peter Pang Sing-tong.

'The probability of interest rates going up is higher than them coming down further,' Pang said. He declined to speculate when rates could rise.

21 Oct 2009 - 12:00am

Fixed-rate plans return as home loans drop

A three-month decline in home loan demand as borrowers worry about further interest-rate rises has prompted some lenders to re-launch fixed-rate mortgages to lure wary customers back to the market.

8 Sep 2005 - 12:00am

Hillgrove offer takes in low rate

USI Holdings and Hang Seng Bank will provide 24-month fixed-rate mortgages to buyers of the Hillgrove development at Tuen Mun.

It is the first fixed-rate mortgage offered since the latest interest-rate cut.

14 Dec 2001 - 12:00am

Fixed-rate plan offers HSBC customers mortgage certainty

HSBC plans to offer home-buyers a new, fixed-rate mortgage to remove the uncertainty associated with floating rates.

It would give customers an opportunity to lock into the present low rates of interest.

Yesterday, head of mortgages for HSBC Lawrence Law said historical evidence suggested interest rates were at, or near, the bottom of their cycle.

22 Nov 2001 - 12:00am

Standard Chartered banker predicts no end to loans war for at least 18 months

The mortgage price war could continue for another 18 months despite an expected lift in corporate lending in the second quarter, according to a senior banker.

26 Jan 2000 - 12:00am

Fixing mortgages

If, as looks likely, fixed-rate mortgages become a reality in the SAR, the head of the Hong Kong Monetary Authority will be a happy man. Joseph Yam Chi-kwong has long preached the merits of home loans that carry a fixed rate of interest, claiming they benefit the property market and home owners alike.

24 Feb 1998 - 12:00am

How to save with fixed-rate loans

HOW good is your memory when it comes to British mortgage interest rates? What were the rates on January 1, 1979, 1984 and 1989? Answers: 1979 - 11.75 per cent; 1984 - 11.25 per cent; 1989 - 12.75 per cent.

13 Mar 1994 - 12:00am