HKMA chief executive Norman Chan reiterated his warning to Hong Kong home buyers that mortgage rates will rise in the near future. Photo: David Wong

HKMA raises rates after US Fed move, reiterates warning to home buyers

Base rate rises by 0.25 percentage points, tracking Fed move

Topic |   Hong Kong Monetary Authority (HKMA)

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HKMA chief executive Norman Chan reiterated his warning to Hong Kong home buyers that mortgage rates will rise in the near future. Photo: David Wong
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