Residential Mortgage Survey Results for February 2026

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

The number of mortgage applications in February decreased month-on-month by 7.5% to 8,125.  

Mortgage loans approved in February decreased by 10.8% compared with January to HK$29 billion.  Among these, mortgage loans financing primary market transactions decreased by 24% to HK$8.6 billion and those financing secondary market transactions decreased by 6.1% to HK$17.2 billion.  Mortgage loans for refinancing increased by 10.7% to HK$3.2 billion. 

Mortgage loans drawn down during February decreased by 24.4% compared with January to HK$16.4 billion. 

The ratio of new mortgage loans priced with reference to HIBOR decreased from 89.5% in January to 87.5% in February.  The ratio of new mortgage loans priced with reference to best lending rates increased from 1.5% in January to 1.9% in February.

The outstanding value of mortgage loans increased month-on-month by 0.2% to HK$1,926.3 billion at end-February. 

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
31 March 2026