Mortgages for complete and incomplete properties plummeted in October, according to mReferral and the Land Registry. Photo: K Y Cheng
Mortgages for complete and incomplete properties plummeted in October, according to mReferral and the Land Registry. Photo: K Y Cheng

Hong Kong extends pilot fixed-rate mortgages scheme by a year, lowers interest rates to combat pandemic fallout

  • Application period for Fixed-rate Mortgage Pilot Scheme extended until October 30, 2021
  • HKMC obtains agreement from monetary authority that it will not stress test applicants

Mortgages for complete and incomplete properties plummeted in October, according to mReferral and the Land Registry. Photo: K Y Cheng
Mortgages for complete and incomplete properties plummeted in October, according to mReferral and the Land Registry. Photo: K Y Cheng
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