Residential Mortgage Survey Results for September 2025
******************************************************
The Hong Kong Monetary Authority announced the results of the residential mortgage survey for September 2025.
The number of mortgage applications in September decreased month-on-month by 1.1 per cent to 8 316.
Mortgage loans approved in September increased by 9.4 per cent compared with August to HK$31.4 billion. Among these, mortgage loans financing primary market transactions increased by 17.5 per cent to HK$12.6 billion and those financing secondary market transactions increased by 6.1 per cent to HK$15.5 billion. Mortgage loans for refinancing decreased by 2.4 per cent to HK$3.2 billion.
Mortgage loans drawn down during September increased by 9.7 per cent compared with August to HK$20.9 billion.
The ratio of new mortgage loans priced with reference to HIBOR decreased from 94.4 per cent in August to 92.6 per cent in September. The ratio of new mortgage loans priced with reference to best lending rates increased from 1.3 per cent in August to 1.5 per cent in September.
The outstanding value of mortgage loans increased month-on-month by 0.2 per cent to HK$1,891.4 billion at end-September.
The mortgage delinquency ratio stood at a low level of 0.13 per cent and the rescheduled loan ratio was unchanged at nearly 0 per cent.
Ends/Friday, October 31, 2025
Issued at HKT 16:30
Issued at HKT 16:30
NNNN