Homebuyers may have to pay more for mortgage insurance because the leading provider, the Hong Kong Mortgage Corporation, is looking to offset its risk in guaranteeing their loans in a risky...
- Fri
- May 24, 2013
- Updated: 3:41am
Trending topics
27 Mar 2013
As part of his latest budget, Chancellor of the Exchequer George Osborne introduced Help to Buy, a combination of shared-equity loans for buyers and mortgage guarantees for lenders. The plan is...
5:44AM
17 Mar 2013
The Hong Kong Mortgage Corporation may further tighten eligibility for its payment protection insurance on home loans, in light of rising interest rates.
5:39AM
5 Dec 2012
Big rises announced by the government last week in the income and asset caps for applicants seeking to buy subsidised housing will create a new market for insured home loans, say analysts.
4:15AM
21 Oct 2009
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.
8:54PM
24 Oct 2008
Some major lenders in Hong Kong are prepared to loan as much as 95 per cent of the purchase price of a property. But built into the repayment plan is an insurance premium.
4:18AM
The government-run Hong Kong Mortgage Corp (HKMC) will set up a joint venture with a subsidiary of the People's Bank of China in Shenzhen to provide mortgage insurance services for homebuyers....
5:29AM
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...
3:42AM
Hang Seng Bank yesterday became the first lender to offer mortgages with more than 70 per cent loan-value ratio for properties that have completed the government's building rehabilitation scheme...
8:39AM
The 95 per cent mortgage insurance programme has proven popular with borrowers, having received 4,200 applications since its launch in July last year, according to Kenny Fok Tsz-chun, a senior...
6:11PM
Homeowners with negative equity can benefit from an easing of restrictions
Boutique mortgage refinancing firm Pan Asian Mortgage plans to expand a scheme targeting homeowners with...
10:55PM
WING HANG CREDIT has launched a loan package to help property owners emerge from negative equity. Negative equity cases rose from about 9,000 in December to more than 14,000 at end-March, it said...
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