Residential Mortgage Survey Results for January 2026

The Hong Kong Monetary Authority announced the results of the residential mortgage survey for January 2026.

The number of mortgage applications in January 2026 increased month-on-month by 15.4% to 8,785.  

Mortgage loans approved in January 2026 increased by 4.1% compared with December 2025 to HK$32.5 billion.  Among these, mortgage loans financing primary market transactions decreased by 3.1% to HK$11.3 billion and those financing secondary market transactions increased by 8.6% to HK$18.3 billion.  Mortgage loans for refinancing increased by 7.1% to HK$2.9 billion. 

Mortgage loans drawn down during January 2026 increased by 8.6% compared with December 2025 to HK$21.7 billion. 

The ratio of new mortgage loans priced with reference to HIBOR decreased from 89.8% in December 2025 to 89.5% in January 2026.  The ratio of new mortgage loans priced with reference to best lending rates increased from 1.3% in December 2025 to 1.5% in January 2026.

The outstanding value of mortgage loans increased month-on-month by 0.3% to HK$1,923.4 billion at end-January 2026. 

The mortgage delinquency ratio stood at a low level of 0.13% and the rescheduled loan ratio was unchanged at nearly 0%.

Annex

Hong Kong Monetary Authority
27 February 2026