• Sat
  • Oct 25, 2014
  • Updated: 2:15pm

Mortgage Broker

Pawnshop launches IPO in bid to raise some cash of its own

A pawnshop operator that has been providing quick cash to Hongkongers since 1975 plans to raise up to HK$98 million to expand its footprint in the mortgage-loan business, targeting households and troubled small and medium-sized enterprises.

Wednesday, 27 February, 2013, 3:59am

More rate rises on the way, says broker

Mortgage broker mReferral has joined in the chorus of those who are predicting rising mortgage rates in Hong Kong next year, forecasting that they could well climb to nearly 4 per cent.

2 Dec 2011 - 12:00am

HK home sales fall to 32-month low

Home sales in Hong Kong dropped to a 32-month low last month as the market fell victim to fears of a global economic recession, rising mortgage rates and credit tightening.

According to the Land Registry, 5,675 deals were lodged in October, down 13.7 per cent from September's 6,579 deals, and the lowest level since February 2009.

3 Nov 2011 - 12:00am

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. They recently added a baby daughter to the family, and would like to come back to the town of Karen's birth.

25 May 2011 - 12:00am

Look before you leap

Professional property investor Danny Lim isn't sure how much further Hong Kong's property rally has to go. Forecasters have been ripping up their predictions for the year ahead because the market keeps getting ahead of them, and all signs point to continued gains for the rest of this year.

11 Apr 2011 - 12:00am

CBRC backs home-loan curbs amid bubble fears

The mainland's banking watchdog has reinforced credit control policies on second-home purchases in the latest sign Beijing is worried about the formation of a property market bubble.

24 Jul 2009 - 12:00am

Mortgage brokers there to help

As one of Asia's financial hubs, Hong Kong has much to offer people in need of financial plans, but the business of mortgage brokering is relatively new to the territory. One reason for this might be that with so many banks in one place, so much readily available choice makes it easier for people to choose from different mortgage plans.

24 Oct 2008 - 12:00am

Pan Asian launches mortgage broking unit

Pan Asian Mortgage Group says it has lined up more than 1,000 property agents and is in partnership with more than 10 banks for its new mortgage broking service.

31 Jul 2008 - 12:00am

Loan rates expected to rise with demand

Against backdrop of brisk home sales, banks have less need to offer buyers incentives

Rising inflation and falling interest rates are luring Hong Kong investors to assets offering a higher growth potential such as physical real estate or property stocks.

31 Oct 2007 - 12:00am

Property transactions fall 7.2pc

Total property transactions in Hong Kong fell 7.16 per cent last month to 11,121 deals from June because of fewer purchases of second-hand homes and slower transaction activity in the commercial and industrial markets.

3 Aug 2007 - 12:00am

Mortgages with 40-year tenor on HKMC cards

Move seen as shift from price war

Hong Kong homebuyers will be able to get 40-year mortgages for the first time under new loan plans offered by the government-run Hong Kong Mortgage Corp.

27 Apr 2007 - 12:00am

HSBC may sell US mortgage business

Bank mulls disposal of US$49b portfolio after bad debt provision hurts earnings

HSBC Holdings, haunted by its poorly performing sub-prime mortgage business in the United States, said selling the mortgage portfolio was one option as the banking giant moved to resolve its problems in the country.

7 Mar 2007 - 12:00am

HSBC may quit US mortgage business

Updated at 8.02pm: HSBC Holdings, haunted by its bad-debt riddled United States sub-prime mortgage business, said it could tackle the problem by selling the American property loan portfolio.

6 Mar 2007 - 12:00am

Chong Hing slashes rates for home loan packages

Chong Hing Bank, formerly known as Liu Chong Hing Bank, is offering home loan packages at rates as low as 4.85 per cent for the full term, one of the lowest on offer in the market, after its name change in December.

1 Feb 2007 - 12:00am

New mortgage approvals surge to 17-month high

Project launches draw huge demand as banks engage in refinancing price war

New home loan approvals rose to HK$15.7 billion in November, a 17-month high, as new property projects attracted buyers and lenders waged a mortgage refinancing price war.

22 Dec 2006 - 12:00am

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