Homebuyers at a property launch in Hong Kong. The rising popularity of Hibor-linked mortgages over the past decade is down to banks’ reluctance when it comes to cutting prime lending rates. Photo: May TseHomebuyers at a property launch in Hong Kong. The rising popularity of Hibor-linked mortgages over the past decade is down to banks’ reluctance when it comes to cutting prime lending rates. Photo: May Tse
Homebuyers at a property launch in Hong Kong. The rising popularity of Hibor-linked mortgages over the past decade is down to banks’ reluctance when it comes to cutting prime lending rates. Photo: May Tse

More Hong Kong homebuyers expected to switch to cheaper Hibor-linked mortgages after banks refuse to cut prime lending rates

  • Borrowers to enjoy lower interest rates, as Hibor is set to see further cuts
  • As of January, 80 per cent of new mortgages were priced according to the Hibor
Topic |   Property financing
Homebuyers at a property launch in Hong Kong. The rising popularity of Hibor-linked mortgages over the past decade is down to banks’ reluctance when it comes to cutting prime lending rates. Photo: May TseHomebuyers at a property launch in Hong Kong. The rising popularity of Hibor-linked mortgages over the past decade is down to banks’ reluctance when it comes to cutting prime lending rates. Photo: May Tse
Homebuyers at a property launch in Hong Kong. The rising popularity of Hibor-linked mortgages over the past decade is down to banks’ reluctance when it comes to cutting prime lending rates. Photo: May Tse
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