Tag: mortgage

The central bank has resisted calls to loosen mortgage lending, instead saying the property ... affordability out of 18 metropolitan regions around the globe, with Hong Kong homes costing 19 times income and Beijing 14.5 times. Malaysia’s central bank ... ( read original story ...)

Hong Kong’s sandwiched middle-class families ... The home prices under the scheme were unknown, but a government source said monthly mortgage payments, as measured against monthly income, would be in line with that for other subsidised housing, which ... ( read original story ...)

The central bank has resisted calls to loosen mortgage lending, instead saying the property ... affordability out of 18 metropolitan regions around the globe, with Hong Kong homes costing 19 times income and Beijing 14.5 times. Malaysia's central bank ... ( read original story ...)

When Hong Kong Chief Executive Carrie Lam officially announced a new “Starter Homes” scheme on Wednesday to help middle-class families own their first home, 27-year-old bank employee Jeffrey Chan was left unmoved. The combined income of Chan and his ... ( read original story ...)

Hong Kong developers slipped on Wednesday after the territory’s leader outlined a new scheme designed to help middle class families purchase property in one of the world’s most expensive markets. Hong Kong chief executive Carrie Lam, who had promised ... ( read original story ...)

Hong Kong property prices, already among the world's highest, have continued to rise over the past year despite the government implementing a raft of cooling measures. Since taking office on July 1, Hong Kong's first female leader has sought to heal social ... ( read original story ...)

Oct 11 (Reuters) - Hong Kong stocks fell on Wednesday, pressured by a sharp reversal in property shares after the city’s chief executive unveiled a mix of housing and tax relief policies that disappointed some investors. The Hang Seng index fell 0.4 ... ( read original story ...)

Shares of New World Development Co, which surged as much as 6.2 per cent before Lam's speech, fell 1.2 per cent in Hong Kong. Sun Hung Kai Properties fell 0.9 per cent after earlier rising as much as 1.5 per cent, while the Hang Seng Property Index also ... ( read original story ...)

Hong Kong property stocks lead gains in blue-chip index , with shares of New World Development hitting a four-year high ahead of a policy address on Wednesday by the city's new leader, Carrie Lam ** Chief Executive Lam is set to map out the vision and ... ( read original story ...)

Oct 10 (Reuters) - Hong Kong shares shrugged off modest losses on Wall Street to end higher on Tuesday, aided by strong gains in telecoms and property firms. The Hang Seng index rose 0.6 percent, to 28,490.83 points, while the China Enterprises Index ... ( read original story ...)

and real estate finance platform – has just launched one of Australia’s first 25-year foreign buyer mortgages for the settlement of apartment purchases. The product was launched with support from Hong Kong-listed Far East Consortium (FEC). FEC ... ( read original story ...)

Analysts are forecasting that mortgage system growth will slow from current levels ... Both the Bank of England and the Hong Kong Monetary Authority have introduced caps on loan-to-income ratios for residential property buyers in order to discourage ... ( read original story ...)

The Business’s segments are Private Client, Asset Management, Capital Markets, Commercial Mortgage Banking and Corporate/Other ... (United Kingdom), Oppenheimer Investments Asia Ltd. (Hong Kong) and Oppenheimer Israel (OPCO) Ltd. (Israel).. ( read original story ...)

The bank, which is still more than 70% owned by the taxpayer, is facing another hefty penalty related to the mortgage-backed securities misselling ... US rate expectations have fallen since the peak in March and Hong Kong rates continue to lag while ... ( read original story ...)