The following is issued on behalf of the Hong Kong Monetary Authority:

     The Hong Kong Monetary Authority announced the results of the residential mortgage survey for October 2025.
      
     The number of mortgage applications in October decreased month-on-month by 0.7 per cent to 8 255.  
      
     Mortgage loans approved in October were HK$31.3 billion, broadly unchanged compared with September.  Among these, mortgage loans financing primary market transactions decreased by 2.1 per cent to HK$12.4 billion and those financing secondary market transactions increased by 3.4 per cent to HK$16 billion.  Mortgage loans for refinancing decreased by 8.4 per cent to HK$3 billion. 
      
     Mortgage loans drawn down during October decreased by 3.5 per cent compared with September to HK$20.1 billion. 
      
     The ratio of new mortgage loans priced with reference to HIBOR decreased from 92.6 per cent in September to 91.9 per cent in October. The ratio of new mortgage loans priced with reference to best lending rates decreased from 1.5 per cent in September to 1.3 per cent in October.
      
     The outstanding value of mortgage loans increased month-on-month by 0.8 per cent to HK$1,907.4 billion at end-October. 
      
     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, November 28, 2025
Issued at HKT 16:30

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