Hong Kong’s spectacular property price rises this year

Hong Kong's housing market is the second best performer in our global house price survey, with residential property prices surging by 19.27% during the year to Q2 2017. This was in sharp contrast with the y-o-y decline of 10.51% during the same period last ... ( read original story ...)

More Hong Kong millennials into mortgage debt

Millennials accounted for 32 percent of total new mortgages in Q2 2017, up from just 19 percent in 2013. With the city’s sky-high property prices, more of Hong Kong’s millennials are taking up mortgages to get on the property ladder, reported the South ... ( read original story ...)

Mortgages to follow people into retirement

The fact that people may still paying off a mortgage when they retire is not "an ideal situation ... out an actual start date was a key move forward. MORNING BRIEFS - Hong Kong's debt has been downgraded by Standard and Poor's a day after its ratings ... ( read original story ...)

Energy leads U.S. stock indexes to a mostly higher finish

Lower bond yields mean banks have to charge lower interest rates on long-term loans like mortgages. Several health care companies ... the S&P downgraded the credit rating for China and Hong Kong. Japan’s benchmark Nikkei 225 slipped 0.3%, while South ... ( read original story ...)

Non-bank mortgage loans a time bomb in the making

Recent market studies have shown a rapid increase in non-bank mortgage lending as home prices continued to surge. The Hong Kong Monetary Authority, the city's de facto central bank, has issued some warnings about the high cost of non-bank loans but has yet ... ( read original story ...)