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Hong Kong relaxes mortgage rules for the first time since 2009 to make homes more affordable for first-time buyers and upgrades


The government would consider “marginally relaxing” the loan-to-value ratio, to strike a “balance [between] financial stability and the interest of first-time homebuyers,” Paul Chan said two weeks ago.

Source : South China Morning Post
Read more…Hong Kong relaxes mortgage rules for the first time since 2009 to make homes more affordable for first-time buyers and upgrades

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