Hong Kong: Mortgage loans down 20.7%

Residential mortgage loans approved in December fell 20.7% compared with the previous month to $23.5 billion, the Monetary Authority announced today. Mortgage loans financing primary market transactio... ( read original story ...)

HK$1.8b of home mortgages in negative equity

The aggregate value of home mortgage loans in negative equity at end-December added up to HK$1.18 billion and the unsecured portion of these loans amounted to HK$58 million, the Hong Kong Monetary Aut... ( read original story ...)