{"id":83845,"date":"2018-03-27T18:01:14","date_gmt":"2018-03-27T11:01:14","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hsbc-ends-fixed-rate-mortgage-in-hong-kong-a-week-after-feds-rate-rise\/"},"modified":"2018-03-27T19:03:07","modified_gmt":"2018-03-27T12:03:07","slug":"hsbc-ends-fixed-rate-mortgage-in-hong-kong-a-week-after-feds-rate-rise","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hsbc-ends-fixed-rate-mortgage-in-hong-kong-a-week-after-feds-rate-rise\/","title":{"rendered":"HSBC ends fixed-rate mortgage in Hong Kong a week after Fed\u2019s rate rise"},"content":{"rendered":"


\nHSBC, 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.
\nThe move comes at a time of fierce competition between banks in Hong Kong to attract mortgage customers. The number of fixed-rates home loans being approved has increased as buyers seek some protection from the possibility of future central-bank rate increases.
\nAlthough popular with homebuyers at times of rising…
\n
\nSource : South China Morning Post
\nRead more…HSBC ends fixed-rate mortgage in Hong Kong a week after Fed\u2019s rate rise<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

HSBC, Hong Kong\u2019s biggest lender, will stop offering its fixed-rate mortgage plan on Thursday, a...<\/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-83845","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-lOl","jetpack-related-posts":[{"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":83845,"position":0},"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":159867,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hsbc-rolls-out-fixed-mortgage-plan-at-2-73-ahead-of-fed-rate-cut\/","url_meta":{"origin":83845,"position":1},"title":"HSBC rolls out fixed mortgage plan at 2.73% ahead of Fed rate cut","date":"August 25, 2025","format":false,"excerpt":"\r Hong Kong\u2019s largest bank has rolled out a fixed-rate mortgage plan, charging lower interest for home loan borrowers ahead of the first relaxation in monetary policy this year, expected in mid-September. HSBC launched a mortgage plan fixed at 2.73 per cent per annum on Monday for either the first\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116497,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/which-mortgage-rate-will-be-a-lifesaver-for-hong-kong-homeowners\/","url_meta":{"origin":83845,"position":2},"title":"Which mortgage rate will be a lifesaver for Hong Kong homeowners?","date":"May 19, 2020","format":false,"excerpt":"\r \u00a0The Hong Kong Mortgage Corporation (HKMC) has recently introduced a pilot scheme for fixed-rate mortgages for 10, 15 and 20 years, with rates fixed at 2.55 per cent, 2.65 per cent and 2.75 per cent, respectively.\r\rThe maximum loan amount caps at HK$10 million (US$1.3 million). At the end of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":17198,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hsbc-launches-fixed-rate-mortgage-below-1\/","url_meta":{"origin":83845,"position":3},"title":"HSBC launches fixed-rate mortgage below 1%","date":"June 21, 2016","format":false,"excerpt":"\r Customers given opportunity to lock in for two years at 0.99% interest rate \u2013 but they will need deposit of at least 35%HSBC has launched Britain\u2019s first fixed-rate mortgage with an interest rate below 1%, as competition among lenders hots up and the cost of borrowing for banks and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":98631,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hsbc-raises-hong-kong-prime-rate-for-the-first-time-in-a-decade-ending-era-of-cheap-funds\/","url_meta":{"origin":83845,"position":4},"title":"HSBC raises Hong Kong prime rate for the first time in a decade, ending era of cheap funds","date":"September 27, 2018","format":false,"excerpt":"\r HSBC has become the first commercial bank to raise its prime rate in Hong Kong, taking its cue from the US Federal Reserve and the Hong Kong Monetary Authority in ending a decade of cheap capital. The base lending rate for borrowers will be raised by 12.5 basis points\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119091,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-extends-pilot-fixed-rate-mortgages-scheme-by-a-year-lowers-interest-rates-to-combat-pandemic-fallout\/","url_meta":{"origin":83845,"position":5},"title":"Hong Kong extends pilot fixed-rate mortgages scheme by a year, lowers interest rates to combat pandemic fallout","date":"November 2, 2020","format":false,"excerpt":"\r The Hong Kong Mortgage Corporation (HKMC) has extended a pilot scheme for fixed-rate mortgages by a year, and said interest rates will also be lowered further, as the city faces rising unemployment and a recession amid the coronavirus pandemic.The application period for the Fixed-rate Mortgage Pilot Scheme has been\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\/83845"}],"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=83845"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/83845\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=83845"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=83845"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=83845"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}