{"id":521274,"date":"2025-11-28T09:31:56","date_gmt":"2025-11-28T09:31:56","guid":{"rendered":"https:\/\/Blockchain.News\/news\/hong-kong-mortgage-applications-decline-october-2025"},"modified":"2025-11-28T09:31:56","modified_gmt":"2025-11-28T09:31:56","slug":"hong-kong-mortgage-applications-decline-by-0-7-in-october-2025","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2025\/11\/28\/hong-kong-mortgage-applications-decline-by-0-7-in-october-2025\/","title":{"rendered":"Hong Kong Mortgage Applications Decline by 0.7% in October 2025"},"content":{"rendered":"
\n

Luisa Crawford<\/a> Nov 28, 2025 09:31<\/span> <\/p>\n

The Hong Kong Monetary Authority reports a 0.7% decrease in mortgage applications for October 2025, with approved loans reaching HK$31.3 billion.<\/p>\n

\"Hong <\/a> <\/figure>\n

October 2025 Mortgage Survey Overview<\/h2>\n

The Hong Kong Monetary Authority (HKMA) has released the results of its residential mortgage survey for October 2025, revealing a slight decline in the number of mortgage applications. According to the survey, applications fell by 0.7% from the previous month, totaling 8,255 applications.<\/p>\n

Loan Approvals and Market Dynamics<\/h2>\n

Despite the decrease in applications, the total value of approved mortgage loans in October remained steady at HK$31.3 billion, similar to September’s figures. However, the landscape within the market showed some shifts. Loans financing primary market transactions experienced a 2.1% decrease, amounting to HK$12.4 billion. In contrast, loans for secondary market transactions saw a 3.4% rise, reaching HK$16 billion. Refinancing loans declined significantly by 8.4% to HK$3 billion.<\/p>\n

Mortgage Drawdowns and Interest Rates<\/h2>\n

The survey also highlighted a 3.5% reduction in mortgage loans drawn down during October, totaling HK$20.1 billion. There was a slight shift in interest rate preferences among borrowers. The proportion of new mortgage loans referencing the Hong Kong Interbank Offered Rate (HIBOR) decreased from 92.6% in September to 91.9% in October. Similarly, loans priced with reference to best lending rates dropped from 1.5% to 1.3%.<\/p>\n

Outstanding Loans and Delinquency Ratios<\/h2>\n

The outstanding value of mortgage loans saw a modest increase of 0.8%, reaching HK$1,907.4 billion by the end of October. The mortgage delinquency ratio remained low at 0.13%, and the rescheduled loan ratio held steady at nearly 0%.<\/p>\n

For further details, the full report is available on the [Hong Kong Monetary Authority](https:\/\/www.hkma.gov.hk\/eng\/news-and-media\/press-releases\/2025\/11\/20251128-5\/).Image source: Shutterstock<\/i><\/span> <\/p>\n

Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Luisa Crawford Nov 28, 2025 09:31 The Hong Kong Monetary Authority reports a 0.7% decrease in mortgage applications for October 2025, with approved loans reaching HK$31.3 billion. October 2025 Mortgage Survey Overview The Hong Kong Monetary Authority (HKMA) has released the results of its residential mortgage survey for October 2025, revealing a slight decline in […]<\/p>\n","protected":false},"author":1,"featured_media":521275,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[142,1150,2689,25],"class_list":{"0":"post-521274","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain","8":"tag-finance","9":"tag-hong-kong","10":"tag-mortgage","11":"tag-news"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/521274","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=521274"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/521274\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/521275"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=521274"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=521274"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=521274"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}