Residential Mortgage Survey Results for June 2015

Press Releases

31 Jul 2015

Residential Mortgage Survey Results for June 2015

The Hong Kong Monetary Authority (“HKMA”) announced the results of the residential mortgage survey for June 2015.

The number of mortgage applications in June decreased month-on-month by 2.2% to 11,726.

Mortgage loans approved in June increased by 12.1% compared with May to HK$29.9 billion.  Among these, mortgage loans financing primary market transactions decreased by 0.2% to HK$8.6 billion and those financing secondary market transactions increased by 18.6% to HK$15.8 billion.  Mortgage loans for refinancing increased by 16.4% to HK$5.4 billion.

Mortgage loans drawn down during June increased by 4.1% compared with May to HK$19.3 billion.

New mortgage loans priced with reference to best lending rates decreased from 12.2% in May to 11.7% in June with majority priced within the range of 2% and 2.25%. New mortgage loans priced with reference to HIBOR increased from 85.2% in May to 85.8% in June.  

The outstanding value of mortgage loans increased month-on-month by 0.5% to HK$1,030.5 billion at end-June.

The mortgage delinquency ratio remained unchanged at 0.03% and the rescheduled loan ratio remained unchanged at nearly 0%.

 

Annex


Hong Kong Monetary Authority
31 July 2015

Latest Press Releases
Last revision date : 31 July 2015