Hong Kong’s banks, which often follow the directives of the HKMAs, are exercising cautious in processing mortgage applications, even though they may be keepn to offer such loans. Photo: Reuters
No signs of relief from Hong Kong Monetary Authority amid growing calls to lift mortgage restrictions
Stress test requirements should be adjusted, and the loan-to-value ratio for self-use residential properties should be raised, brokers argue
Hong Kong’s banks, which often follow the directives of the HKMAs, are exercising cautious in processing mortgage applications, even though they may be keepn to offer such loans. Photo: Reuters