• 09/22/2024

Hong Kong relaxes mortgage rules for the first time since 2009 to make homes more affordable for first-time buyers and upgrades

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

The government would consider “marginally relaxing” the loan-to-value ratio, to strike a “balance [between] financial stability and the interest of first-time homebuyers,” Paul Chan said two weeks ago.

https://www.scmp.com/business/banking-finance/article/3226929/hong-kong-relaxes-mortgage-rules-first-time-2009-make-homes-more-affordable-first-time-buyers-and?utm_source=rss_feed