The Hong Kong Monetary Authority announced the results of the residential mortgage survey for April 2025.
The number of mortgage applications in April decreased month-on-month by 7.8% to 7,795.
Mortgage loans approved in April increased by 2.4% compared with March to HK$25.3 billion. Among these, mortgage loans financing primary market transactions decreased by 7.5% to HK$9.3 billion and those financing secondary market transactions increased by 17.6% to HK$13.7 billion. Mortgage loans for refinancing decreased by 23.5% to HK$2.3 billion.
Mortgage loans drawn down during April increased by 7.7% compared with March to HK$17.1 billion.
The ratio of new mortgage loans priced with reference to HIBOR increased from 90.4% in March to 91.8% in April. The ratio of new mortgage loans priced with reference to best lending rates decreased from 3.2% in March to 2.3% in April.
The outstanding value of mortgage loans increased month-on-month by 0.2% to HK$1,881.9 billion at end-April.
The mortgage delinquency ratio stood at a low level of 0.13% and the rescheduled loan ratio was unchanged at nearly 0%.
Source：The Hong Kong Monetary Authority (2025.5.30)
Service Hotline: 2836 6121 / 2836 6183
Signal / WHATSAPP: 5662 2730
Email: mortgage@ricacorp.com
Download APP on App Store ad Google Play
