Search

Product Description

    News: 2024.03.16

    Property News Flash – Property.hk

    Today’s property news summary – Property.hk

    According to the latest news, banks are controlling costs to offer more offers. Although global central bank interest rates have peaked, there is still uncertainty about the timing of the decline. Hong Kong's one-month bank interest rate has remained at around 4.5% in the past two months, which is higher than the current new mortgage rate of 4.125%.

    bank cost control

    In order to attract more customers, banks are actively controlling costs and offering more mortgage loan concessions. This is good news for those interested in purchasing property.

    interest forecast

    Although central bank interest rates have peaked, there are still uncertainties about the timing of future declines. Investors should pay close attention to market movements to make informed financial decisions.

    mortgage interest rate

    The current new mortgage interest rate is 4.125%, while the bank interest rate is about 4.5%. This means that people interested in buying a home may receive more favorable loan terms.

    real estate market

    The real estate market is likely to see more dynamism as banks offer more offers. Investors should choose investment targets carefully to ensure maximum returns.