http://www.ejinsight.com/2020-02-26-hk-offers-mortgage-loans-of-up-to-hk10-million-for-homebuyers/

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Financial Secretary Paul Chan Mo-po on Wednesday unveiled a fixed-rate mortgage loan scheme to support the property sector and enable more citizens to acquire homes. “The residential property market has been largely quiet since last June with transactions and prices generally retreating. Yet, the current flat prices are still out of line with economic fundamentals and people’s affordability,” Chan said in his annual budget. “The government will continue its endeavour to increase land and housing supply.”. With an aim to provide potential homebuyers with more loan options and reduce the risks of interest rate volatility, the government-backed Hong Kong Mortgage Corporation will launch a pil... Full story

27 February

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