{"id":58006,"date":"2017-06-15T20:40:57","date_gmt":"2017-06-15T13:40:57","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-should-you-care-about-interest-rates\/"},"modified":"2017-06-15T20:49:26","modified_gmt":"2017-06-15T13:49:26","slug":"why-should-you-care-about-interest-rates","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-should-you-care-about-interest-rates\/","title":{"rendered":"Why should you care about interest rates"},"content":{"rendered":"


\nThe Hong Kong Monetary Authority (HKMA) raised its base rate by 0.25 percentage points on Thursday following the US Federal Reserve\u2019s overnight move.
\nIn announcing the decision, HKMA chief executive Norman Chan Tak-lam reiterated his warning to Hong Kong home buyers that mortgage rates will rise in the near future.
\nHow would the change in base rate affect your mortgages? Here are some key concepts that would help you understand the impact.
\nHong Kong interbank offered rate (HIBOR)
\nBanks…
\n
\nSource : South China Morning Post
\nRead more…Why should you care about interest rates<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The Hong Kong Monetary Authority (HKMA) raised its base rate by 0.25 percentage points on...<\/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-58006","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-f5A","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":58006,"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":58006,"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":139251,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hkma-takes-a-second-break-from-raising-its-base-rate-after-us-feds-hawkish-skip-giving-hong-kongs-businesses-and-borrowers-a-breather\/","url_meta":{"origin":58006,"position":2},"title":"HKMA takes a second break from raising its base rate after US Fed\u2019s \u2018hawkish skip,\u2019 giving Hong Kong\u2019s businesses and borrowers a breather","date":"September 21, 2023","format":false,"excerpt":"\r Hong Kong kept the city\u2019s base rate unchanged on Thursday after the US Federal Reserve paused its current cycle of inflation-busting increases to assess the impact of higher funding costs on the world\u2019s economy.\r \r Source : South China Morning Post\r Read more...HKMA takes a second break from raising\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":170303,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-lower-us-interest-rates-will-help-hongkongers-even-if-local-prime-rates-dont-drop\/","url_meta":{"origin":58006,"position":3},"title":"How lower US interest rates will help Hongkongers even if local prime rates don\u2019t drop","date":"January 26, 2026","format":false,"excerpt":"\r Hong Kong banks may not cut their prime rates this year, but local interbank rates will still follow US rates lower, benefiting a majority of borrowers, according to a senior executive of the Hong Kong Monetary Authority (HKMA). Analysts widely expect the US Federal Reserve to cut its key\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":147212,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-buyers-snap-up-200-flats-as-market-sentiment-improves-on-interest-rate-cut\/","url_meta":{"origin":58006,"position":4},"title":"Hong Kong buyers snap up 200 flats as market sentiment improves on interest rate cut","date":"September 28, 2024","format":false,"excerpt":"\r Hong Kong saw the most number of new flats sold on a single day since May as market sentiment improved after a rate cut by the HKMA.\r \r Source : South China Morning Post\r Read more...Hong Kong buyers snap up 200 flats as market sentiment improves on interest rate\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":125803,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fed-and-hkma-rate-increases-likely-to-have-muted-impact-on-hong-kongs-commercial-property-market\/","url_meta":{"origin":58006,"position":5},"title":"Fed and HKMA rate increases likely to have muted impact on Hong Kong\u2019s commercial property market","date":"April 12, 2022","format":false,"excerpt":"\r Should property investors be worried about the pace and frequency of rate increase in the US? The link between local interest rates and asset valuation is not well-established.\r \r Source : South China Morning Post\r Read more...Fed and HKMA rate increases likely to have muted impact on Hong Kong\u2019s\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\/58006"}],"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=58006"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/58006\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=58006"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=58006"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=58006"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}