The Hibor rate has entered a downward cycle and the H-plan currently hovers around 2 per cent. A further drop is expected in the future. Photo: Bloomberg The Hibor rate has entered a downward cycle and the H-plan currently hovers around 2 per cent. A further drop is expected in the future. Photo: Bloomberg
The Hibor rate has entered a downward cycle and the H-plan currently hovers around 2 per cent. A further drop is expected in the future. Photo: Bloomberg
Raymond Chong
Opinion

Opinion

Concrete Analysis by Raymond Chong

Which mortgage rate will be a lifesaver for Hong Kong homeowners?

  • Hong Kong Mortgage Corporation has introduced a pilot scheme for fixed-rate mortgages for 10, 15 and 20 years
  • Observers say the new fixed-rate plan is more expensive than the Hibor-linked plan

The Hibor rate has entered a downward cycle and the H-plan currently hovers around 2 per cent. A further drop is expected in the future. Photo: Bloomberg The Hibor rate has entered a downward cycle and the H-plan currently hovers around 2 per cent. A further drop is expected in the future. Photo: Bloomberg
The Hibor rate has entered a downward cycle and the H-plan currently hovers around 2 per cent. A further drop is expected in the future. Photo: Bloomberg
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