Many pundits expects this month’s US Federal Reserve meeting to raise interest rates, which will likely also make it more expensive to borrow money in Hong Kong. Photo: Felix WongMany pundits expects this month’s US Federal Reserve meeting to raise interest rates, which will likely also make it more expensive to borrow money in Hong Kong. Photo: Felix Wong
Many pundits expects this month’s US Federal Reserve meeting to raise interest rates, which will likely also make it more expensive to borrow money in Hong Kong. Photo: Felix Wong
Property

Ease mortgage curbs and first-time buyers can revive secondary housing market, Hong Kong banks told

In 2015, the Hong Kong Monetary Authority issued a directive to all lenders to curb mortgage lending to 60 per cent of the value of properties below HK$7 million

Topic |   Weekend Property
Mukul Munish
Mukul Munish and Jimmy Chow

Updated: 3:01pm, 3 Mar, 2017

Why you can trust SCMP
Many pundits expects this month’s US Federal Reserve meeting to raise interest rates, which will likely also make it more expensive to borrow money in Hong Kong. Photo: Felix WongMany pundits expects this month’s US Federal Reserve meeting to raise interest rates, which will likely also make it more expensive to borrow money in Hong Kong. Photo: Felix Wong
Many pundits expects this month’s US Federal Reserve meeting to raise interest rates, which will likely also make it more expensive to borrow money in Hong Kong. Photo: Felix Wong
READ FULL ARTICLE