An aerial view of Shau Kei Wan and Sai Wan Ho in eastern Hong Kong. Property prices in the city continued to rise for the 25th straight month in April. Photo: Roy Issa

Hongkongers will feel the squeeze as mortgage rates gain momentum

Homeowners in Hong Kong, who use 60 per cent of their monthly income towards mortgage repayments, will see that figure rise to 70 per cent by the end of the year as banks raise their lending rates to match the Fed rates

Topic |   Hong Kong property

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An aerial view of Shau Kei Wan and Sai Wan Ho in eastern Hong Kong. Property prices in the city continued to rise for the 25th straight month in April. Photo: Roy Issa
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