The Hong Kong Monetary Authority announced the results of the residential mortgage survey for January 2026.
The number of mortgage applications in January 2026 increased month-on-month by 15.4% to 8,785.
Mortgage loans approved in January 2026 increased by 4.1% compared with December 2025 to HK$32.5 billion. Among these, mortgage loans financing primary market transactions decreased by 3.1% to HK$11.3 billion and those financing secondary market transactions increased by 8.6% to HK$18.3 billion. Mortgage loans for refinancing increased by 7.1% to HK$2.9 billion.
Mortgage loans drawn down during January 2026 increased by 8.6% compared with December 2025 to HK$21.7 billion.
The ratio of new mortgage loans priced with reference to HIBOR decreased from 89.8% in December 2025 to 89.5% in January 2026. The ratio of new mortgage loans priced with reference to best lending rates increased from 1.3% in December 2025 to 1.5% in January 2026.
The outstanding value of mortgage loans increased month-on-month by 0.3% to HK$1,923.4 billion at end-January 2026.
The mortgage delinquency ratio stood at a low level of 0.13% and the rescheduled loan ratio was unchanged at nearly 0%.
Source：Hong Kong Monetary Authority (2026.2.27)
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