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 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
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

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
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 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
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
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