{"id":147406,"date":"2024-10-16T18:07:22","date_gmt":"2024-10-16T11:07:22","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-monetary-authority-eases-mortgage-lending-restrictions-to-jump-start-market\/"},"modified":"2024-10-16T21:06:06","modified_gmt":"2024-10-16T14:06:06","slug":"hong-kongs-monetary-authority-eases-mortgage-lending-restrictions-to-jump-start-market","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-monetary-authority-eases-mortgage-lending-restrictions-to-jump-start-market\/","title":{"rendered":"Hong Kong\u2019s monetary authority eases mortgage lending restrictions to jump-start market"},"content":{"rendered":"


\nHKMA allows buyers to borrow up to 70% of a property\u2019s value, with the aim of reviving the market where prices have declined by 6.2% in the year\u2019s first eight months.
\n
\nSource : South China Morning Post
\nRead more…Hong Kong\u2019s monetary authority eases mortgage lending restrictions to jump-start market<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

HKMA allows buyers to borrow up to 70% of a property\u2019s value, with the aim...<\/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-147406","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-Clw","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":147406,"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":95469,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-homebuyers-face-first-rise-in-mortgage-costs-in-12-years-as-early-as-september\/","url_meta":{"origin":147406,"position":1},"title":"Hong Kong\u2019s homebuyers face first rise in mortgage costs in 12 years as early as September","date":"August 6, 2018","format":false,"excerpt":"\r Hong Kong banks may increase lending rates for the first time in 12 years as early as September, meaning bad news for the city\u2019s home mortgage borrowers and credit card holders as well as for companies with heavy debt loads. Their cue would come from a rise in US\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":78957,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-monetary-authority-chief-norman-chan-rejects-calls-to-relax-mortgage-policies\/","url_meta":{"origin":147406,"position":2},"title":"Hong Kong Monetary Authority chief Norman Chan rejects calls to relax mortgage policies","date":"February 5, 2018","format":false,"excerpt":"\r Hong Kong Monetary Authority chief executive Norman Chan Tak-lam on Monday rejected calls by lawmakers to relax mortgage policies, and said the city\u2019s property market was still too overheated for any such relaxation. The authority, Hong Kong\u2019s de facto central bank, has introduced eight rounds of mortgage tightening policies\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":112833,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-november-homes-sales-jump-to-six-month-high-as-buyers-take-advantage-of-relaxed-mortgage-policy-price-cuts\/","url_meta":{"origin":147406,"position":3},"title":"Hong Kong\u2019s November homes sales jump to six-month high as buyers take advantage of relaxed mortgage policy, price cuts","date":"December 3, 2019","format":false,"excerpt":"\r Hong Kong home sales surged to a six-month high in November on the back of an easing in mortgage lending policy and developers\u2019 aggressive marketing of new projects, but market watchers say sales are unlikely to be sustained this month.Overall residential transactions surged 43.9 per cent month on month\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":18956,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/are-hk-developers-being-too-generous-with-mortgages\/","url_meta":{"origin":147406,"position":4},"title":"Are HK developers being too generous with mortgages?","date":"July 7, 2016","format":false,"excerpt":"\r Buyers are being tempted by 120 percent mortgages Another day, another dollar. Image credit: Krystal T (Flickr) Non-banking lenders are getting a tad too generous. This was the view of the Hong Kong Monetary Authority regarding the phenomenon of high mortgage loan-to-value ratios being bandied by property developers recently\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":129895,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/first-home-buyers-swoop-in-on-sun-hung-kais-wetland-flats-to-get-ahead-of-hong-kongs-first-mortgage-hikes-in-four-years\/","url_meta":{"origin":147406,"position":5},"title":"First-home buyers swoop in on Sun Hung Kai\u2019s Wetland flats to get ahead of Hong Kong\u2019s first mortgage hikes in four years","date":"September 22, 2022","format":false,"excerpt":"\r The limited offer came on the day when five of Hong Kong\u2019s largest banks raised their prime rates for the first time in four years, hot on the heels of a 75-basis point increase in base rate by the local monetary authority.\r \r Source : South China Morning Post\r\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\/147406"}],"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=147406"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/147406\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=147406"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=147406"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=147406"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}