{"id":111024,"date":"2019-09-24T11:00:12","date_gmt":"2019-09-24T04:00:12","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/will-banks-raising-their-hibor-linked-mortgage-rates-take-the-heat-out-of-hong-kongs-property-market-probably-not\/"},"modified":"2019-09-24T11:03:15","modified_gmt":"2019-09-24T04:03:15","slug":"will-banks-raising-their-hibor-linked-mortgage-rates-take-the-heat-out-of-hong-kongs-property-market-probably-not","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/will-banks-raising-their-hibor-linked-mortgage-rates-take-the-heat-out-of-hong-kongs-property-market-probably-not\/","title":{"rendered":"Will banks raising their Hibor-linked mortgage rates take the heat out of Hong Kong\u2019s property market? Probably not"},"content":{"rendered":"


\nFour of Hong Kong\u2019s biggest commercial banks have raised their mortgage rates, following this month\u2019s move by HSBC to tighten Hibor caps and drastically cut cash rebates as lingering economic concerns lead to more prudent risk measures.According to local media reports, HSBC raised its Hibor-linked mortgage cap by 25 basis points, from Prime minus 2.75 per cent to P – 2.5 per cent, with the prime rate standing at 5.125 per cent. Hence, even though the prime rate has not changed, the effective\u2026
\n
\nSource : South China Morning Post
\nRead more…Will banks raising their Hibor-linked mortgage rates take the heat out of Hong Kong\u2019s property market? Probably not<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Four of Hong Kong\u2019s biggest commercial banks have raised their mortgage rates, following this month\u2019s...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-111024","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-sSI","jetpack-related-posts":[{"id":74528,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/explainer-what-hong-kongs-interest-rate-increase-means-for-hibor-prime-and-mortgages\/","url_meta":{"origin":111024,"position":0},"title":"Explainer: What Hong Kong\u2019s interest rate increase means for Hibor, prime and mortgages","date":"December 14, 2017","format":false,"excerpt":"\r Hong Kong Monetary Authority (HKMA), the city\u2019s de facto central bank, today raised its base lending rate for the third time this year following a similar move by the US Federal Reserve, increasing it by 25 basis points to 1.75 per cent. What is the base lending rate? It\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":56066,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/standard-chartered-raises-mortgage-rate-citing-hkma-rule-changes\/","url_meta":{"origin":111024,"position":1},"title":"Standard Chartered raises mortgage rate, citing HKMA rule changes","date":"May 26, 2017","format":false,"excerpt":"\r Standard Chartered Bank has raised its residential mortgage rate in Hong Kong, and other banks are expected to follow suit. Standard Chartered cited the increased cost of doing business following the Hong Kong Monetary Authority\u2019s latest risk management measures as the reason. The bank will increase the interest rate\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114944,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/more-hong-kong-homebuyers-expected-to-switch-to-cheaper-hibor-linked-mortgages-after-banks-refuse-to-cut-prime-lending-rates\/","url_meta":{"origin":111024,"position":2},"title":"More Hong Kong homebuyers expected to switch to cheaper Hibor-linked mortgages after banks refuse to cut prime lending rates","date":"March 17, 2020","format":false,"excerpt":"\r More Hong Kong homebuyers are expected to shift to cheaper mortgages linked with the Hong Kong one-month interbank offered interest rate (Hibor) after all of the city\u2019s major commercial banks said they would not cut their prime lending rates any further, according to analysts.The city has two major types\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":73111,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-money-market-rate-hits-nine-year-high-pushing-up-mortgage-lending-rates\/","url_meta":{"origin":111024,"position":3},"title":"Hong Kong money market rate hits nine-year high, pushing up mortgage lending rates","date":"November 28, 2017","format":false,"excerpt":"\r Mortgage lending rates rose in Hong Kong on Tuesday, as the city\u2019s main benchmark lending rate hit a nine-year high amid strong demand for Hong Kong dollars. One-month interbank rates in Hong Kong rose to 0.9611 per cent, up from roughly 0.367 per cent in June. More than 95\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":128722,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hsbc-raises-mortgage-rate-dealing-a-blow-to-hong-kong-homeowners-with-other-banks-set-to-follow-suit\/","url_meta":{"origin":111024,"position":4},"title":"HSBC raises mortgage rate, dealing a blow to Hong Kong homeowners, with other banks set to follow suit","date":"August 18, 2022","format":false,"excerpt":"\r HSBC\u2019s move means someone taking on a HK$5 million (US$637,385) mortgage over a 30-year period at a rate of Hibor+1.3 per cent, will pay an extra HK$1,324 a month, according to mReferral.\r \r Source : South China Morning Post\r Read more...HSBC raises mortgage rate, dealing a blow to Hong\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":159851,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-low-rate-honeymoon-ends-as-dollar-peg-defence-raises-hibor\/","url_meta":{"origin":111024,"position":5},"title":"Hong Kong\u2019s \u2018low-rate honeymoon\u2019 ends as dollar-peg defence raises Hibor","date":"August 25, 2025","format":false,"excerpt":"\r A \u201clow-rate honeymoon\u201d for Hong Kong borrowers has come to an end with an increase in the interest rate banks use to set loan prices, a mixed blessing that drives away carry traders but threatens a property market recovery and discourages corporate borrowing, according to analysts. The Hong Kong\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/111024"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=111024"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/111024\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=111024"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=111024"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=111024"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}