The cost of owning a home in Hong Kong will go up after most banks in the city said they are raising their mortgage rates. Photo: Fung Chang

The end of Hong Kong’s ‘super low interest rate environment’ could spell trouble for families, city’s finance minister warns

Paul Chan Mo-po comments on news that 15 banks are set to increase their mortgage rates, making it harder to own a home in the city

Topic |   Hong Kong property

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The cost of owning a home in Hong Kong will go up after most banks in the city said they are raising their mortgage rates. Photo: Fung Chang
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