HKMA releases June 2026 residential mortgage survey showing increased applications and loans.
This article was generated using SAMS, an AI technology by Timothy Loh LLP.
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On Fri, 31 Jul, the Hong Kong Monetary Authority disclosed the results of the June 2026 residential mortgage survey. Mortgage applications rose 12.5% month-on-month to 12,117, while approved loans increased 25.8% to HK$50.6 billion. This comprised primary market transactions of HK$15.5 billion (+32.3%), secondary market transactions of HK$28.9 billion (+21.6%), and refinancing loans of HK$6.2 billion (+30.6%).
# Loan Drawdown and Pricing Structures
Drawn down loans increased 17.6% to HK$27.7 billion. Pricing references shifted, with HIBOR-referenced loans decreasing to 70% from 73.8%, while Best Lending Rate-referenced loans rose to 1.3% from 1.2%.
# Portfolio Valuation and Risk Metrics
Outstanding mortgage loans grew 0.4% to HK$1,955 billion at end-June. Delinquency remained low at 0.11%, and rescheduled loans were unchanged at nearly 0%. This announcement was issued by the Hong Kong Monetary Authority on 31 July 2026.
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