Luisa Crawford
Nov 28, 2025 09:31
The Hong Kong Financial Authority studies a 0.7% lower in mortgage purposes for October 2025, with accredited loans reaching HK$31.3 billion.
October 2025 Mortgage Survey Overview
The Hong Kong Financial Authority (HKMA) has launched the outcomes of its residential mortgage survey for October 2025, revealing a slight decline within the variety of mortgage purposes. In accordance with the survey, purposes fell by 0.7% from the earlier month, totaling 8,255 purposes.
Mortgage Approvals and Market Dynamics
Regardless of the lower in purposes, the full worth of accredited mortgage loans in October remained regular at HK$31.3 billion, just like September’s figures. Nevertheless, the panorama throughout the market confirmed some shifts. Loans financing main market transactions skilled a 2.1% lower, amounting to HK$12.4 billion. In distinction, loans for secondary market transactions noticed a 3.4% rise, reaching HK$16 billion. Refinancing loans declined considerably by 8.4% to HK$3 billion.
Mortgage Drawdowns and Curiosity Charges
The survey additionally highlighted a 3.5% discount in mortgage loans drawn down throughout October, totaling HK$20.1 billion. There was a slight shift in rate of interest preferences amongst debtors. The proportion of recent mortgage loans referencing the Hong Kong Interbank Provided Charge (HIBOR) decreased from 92.6% in September to 91.9% in October. Equally, loans priced with regards to greatest lending charges dropped from 1.5% to 1.3%.
Excellent Loans and Delinquency Ratios
The excellent worth of mortgage loans noticed a modest enhance of 0.8%, reaching HK$1,907.4 billion by the tip of October. The mortgage delinquency ratio remained low at 0.13%, and the rescheduled mortgage ratio held regular at practically 0%.
For additional particulars, the total report is on the market on the [Hong Kong Monetary Authority](https://www.hkma.gov.hk/eng/news-and-media/press-releases/2025/11/20251128-5/).Picture supply: Shutterstock