Residential Mortgage Survey Results for February 2026
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The Hong Kong Monetary Authority announced the results of the residential mortgage survey for February 2026.
The number of mortgage applications in February decreased month-on-month by 7.5 per cent to 8 125.
Mortgage loans approved in February decreased by 10.8 per cent compared with January to HK$29 billion. Among these, mortgage loans financing primary market transactions decreased by 24 per cent to HK$8.6 billion and those financing secondary market transactions decreased by 6.1 per cent to HK$17.2 billion. Mortgage loans for refinancing increased by 10.7 per cent to HK$3.2 billion.
Mortgage loans drawn down during February decreased by 24.4 per cent compared with January to HK$16.4 billion.
The ratio of new mortgage loans priced with reference to HIBOR decreased from 89.5 per cent in January to 87.5 per cent in February. The ratio of new mortgage loans priced with reference to best lending rates increased from 1.5 per cent in January to 1.9 per cent in February.
The outstanding value of mortgage loans increased month-on-month by 0.2 per cent to HK$1,926.3 billion at end-February.
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/Tuesday, March 31, 2026
Issued at HKT 16:30
Issued at HKT 16:30
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