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Jun 26, 2024 · The Hong Kong Mortgage Corporation Limited (HKMC) today (26 June) published its Annual Report for 2023. The Report mainly reviews the business performance, financial position, as well as the environmental, social and governance initiatives of the HKMC in 2023.
- Hong Kong Monetary Authority - Residential Mortgage Survey ...
The Hong Kong Monetary Authority announced the results of...
- Hong Kong Monetary Authority - Residential Mortgage Survey ...
Jun 26, 2024 · The Hong Kong Mortgage Corporation Limited (HKMC) today (June 26) published its Annual Report for 2023. The Report mainly reviews the business performance, financial position, as well as the environmental, social and governance initiatives of the HKMC in 2023.
2 days ago · S&P Global Ratings affirmed the 'AA+' Local Currency LT credit rating of Hong Kong Mortgage Corporation on June 27, 2024. The outlook is stable.
5 days ago · The Hong Kong Monetary Authority announced the results of the residential mortgage survey for May 2024. The number of mortgage applications in May decreased month-on-month by 16.1% to 8,077. Mortgage loans approved in May increased by 8.8% compared with April to HK$31.6 billion.
1 day ago · For property owners in Hong Kong, negative equity arises when the market value of a property falls below the outstanding mortgage loan. This means that even if the property is sold, the proceeds would not be enough to repay the entire loan, placing the owner in financial difficulty. Hong Kong Negative Equity Hits 20-Year High in 2024
6 days ago · The accounting book of Hong Kong Mortgage Corp, the statutory body funded by Hong Kong Special Administrative Region government, returned to red last year as lower market interest rates and a drop in property prices kick in.
2 days ago · A total of 8,077 mortgage applications were logged during the month, 16.1% lower than in April. However, the value of mortgage loans approved rose by 8.8% to a total value of HK$31.6. Mortgage loans financing primary market transactions increased by 3.7% to HK$11.5b, whilst loans financing secondary market transactions rose by 14.9% to HK$17.6b.
