A residential project in the Tseung Kwan O district of Hong Kong. Homebuyers could see mortgage rates rise for the first time in 12 years as early as September. Photo: Bloomberg

Hong Kong homebuyers’ first mortgage rate increase in 12 years may come as early as September

Banks are seeing their own funding costs rise and are likely to pass this on to their customers for the first time since 2006

Topic |   Hong Kong Monetary Authority (HKMA)

TOP PICKS

A residential project in the Tseung Kwan O district of Hong Kong. Homebuyers could see mortgage rates rise for the first time in 12 years as early as September. Photo: Bloomberg
READ FULL ARTICLE