{"id":24364,"date":"2016-08-30T11:18:41","date_gmt":"2016-08-30T04:18:41","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/bank-of-chinas-hong-kong-unit-cuts-mortgage-rate-to-lure-buyers-offset-concern-of-us-rate-hike\/"},"modified":"2016-08-30T11:23:42","modified_gmt":"2016-08-30T04:23:42","slug":"bank-of-chinas-hong-kong-unit-cuts-mortgage-rate-to-lure-buyers-offset-concern-of-us-rate-hike","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bank-of-chinas-hong-kong-unit-cuts-mortgage-rate-to-lure-buyers-offset-concern-of-us-rate-hike\/","title":{"rendered":"Bank of China\u2019s Hong Kong unit cuts mortgage rate to lure buyers, offset concern of US rate hike"},"content":{"rendered":"<p>&#013;<\/p>\n<p>  Bank of China\u2019s Hong Kong unit said it has cut its mortgage rate by 10 basis points, offering the cheapest loan in the city to attract buyers and offset rising concern of a possible rate increase in the US.&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.scmp.com\/property\/hong-kong-china\/article\/2011114\/bank-chinas-hong-kong-unit-cuts-mortgage-rate-lure-buyers\" target=\"_blank\">Bank of China\u2019s Hong Kong unit cuts mortgage rate to lure buyers, offset concern of US rate hike<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Bank of China\u2019s Hong Kong unit said it has cut its mortgage rate by 10&#46;&#46;&#46;<\/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-24364","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\/p75ss1-6kY","jetpack-related-posts":[{"id":127066,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-buyers-snap-up-70-per-cent-of-new-homes-on-offer-casting-aside-hkmas-75-point-interest-hike-as-banks-deferred-raising-mortgage-rates\/","url_meta":{"origin":24364,"position":0},"title":"Hong Kong\u2019s buyers snap up 70 per cent of new homes on offer, casting aside HKMA\u2019s 75-point interest hike as banks deferred raising mortgage rates","date":"June 18, 2022","format":false,"excerpt":"\r HSBC, Standard Chartered, Bank of China (Hong Kong) and Hang Seng Bank kept their prime rates unchanged this week, even after the city\u2019s de facto central bank raised its base rate by 75 basis points.\r \r Source : South China Morning Post\r Read more...Hong Kong\u2019s buyers snap up 70\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":125796,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-to-see-sales-of-bigger-flats-slow-down-as-interest-rate-rise-counters-mortgage-relaxation\/","url_meta":{"origin":24364,"position":1},"title":"Hong Kong to see sales of bigger flats slow down, as interest rate rise counters mortgage relaxation","date":"April 12, 2022","format":false,"excerpt":"\r The relaxation of mortgages for more expensive flats in Hong Kong will propel sales in the short term only, as an imminent interest rate hike will keep potential buyers away, industry insiders said.\r \r Source : South China Morning Post\r Read more...Hong Kong to see sales of bigger flats\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":83845,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hsbc-ends-fixed-rate-mortgage-in-hong-kong-a-week-after-feds-rate-rise\/","url_meta":{"origin":24364,"position":2},"title":"HSBC ends fixed-rate mortgage in Hong Kong a week after Fed\u2019s rate rise","date":"March 27, 2018","format":false,"excerpt":"\r HSBC, Hong Kong\u2019s biggest lender, will stop offering its fixed-rate mortgage plan on Thursday, a week after the US Federal Reserve raised its key interest rate by 25 basis points. The move comes at a time of fierce competition between banks in Hong Kong to attract mortgage customers. The\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":17150,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-banking-regulator-concerned-about-credit-risks-linked-to-aggressive-mortgage-lending-by-developers\/","url_meta":{"origin":24364,"position":3},"title":"Hong Kong banking regulator \u2018concerned\u2019 about credit risks linked to aggressive mortgage lending by developers","date":"June 20, 2016","format":false,"excerpt":"\r Hong Kong\u2019s banking regulator has expressed concern over the ultra-accommodative financing schemes offered by some Hong Kong developers to entice home buyers, saying that it is studying whether controls are needed to help offset credit risk.\r \r Source : South China Morning Post\r Read more...Hong Kong banking regulator \u2018concerned\u2019\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138370,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-mortgage-relaxation-yet-to-lift-secondary-market-out-of-interest-rate-hike-gloom\/","url_meta":{"origin":24364,"position":4},"title":"Hong Kong mortgage relaxation yet to lift secondary market out of interest rate hike gloom","date":"July 18, 2023","format":false,"excerpt":"\r Hong Kong\u2019s first mortgage policy relaxation in 14 years has yet to bring cheer to the city\u2019s secondary housing market in the 10 days since its introduction.\r \r Source : South China Morning Post\r Read more...Hong Kong mortgage relaxation yet to lift secondary market out of interest rate hike\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":99112,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/as-homebuyers-wait-on-the-sidelines-builders-tempt-them-with-special-mortgage-rates-cash-discounts\/","url_meta":{"origin":24364,"position":5},"title":"As homebuyers wait on the sidelines, builders tempt them with special mortgage rates, cash discounts","date":"October 4, 2018","format":false,"excerpt":"\r Hong Kong developers are offering cash rebates and lower mortgage rates to drum up sales after residential transactions hit a 20-month low, as rising interest rates, volatile stock market and worsening US-China trade war keep buyers on the sidelines. Vanke Property (Hong Kong), a wholly owned unit of China\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/24364"}],"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=24364"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/24364\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=24364"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=24364"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=24364"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}