Big banks cut mortgage rebates and remortgage to zero. The industry pointed out that interest rates are higher than mortgage interest rates. Banks control costs and reduce discounts.

Although global central bank interest rates are expected to have peaked, the timing of the decline remains uncertain. Hong Kong's one-month bank interest rate has remained around 4.5% in the past two months, which is higher than the current new mortgage interest rate of 4.125%.

The industry points out that big banks are said to have cut mortgage rebates and "cleared" mortgage rebates, with interest rates higher than mortgage rates. Banks are controlling costs and cutting discounts, which will increase the mortgage burden on buyers and may lead to an increase in the cost of mortgage purchases.

Some experts said that as the central bank's interest rates fall, mortgage interest levels may be lowered. However, major banks' reduction in mortgage rebates and "zero" mortgage rebates will have a limited impact on the market. It is recommended that buyers pay attention to bank mortgage interest adjustments and choose the most suitable mortgage. product.

In addition, the industry reminds buyers that when choosing a mortgage, in addition to paying attention to the interest rate level, they should also pay attention to other fees such as handling fees, insurance premiums, etc., and comprehensively compare the mortgage discounts of different banks to ensure that they save the cost of buying a property to the maximum extent.

In summary, as the market changes, buyers should always pay attention to bank mortgage interest rate adjustments and various fees to ensure that they can choose the most appropriate mortgage product and achieve the best financial benefits when purchasing a property.