CRYPTOCURRENCY
Hong Kong Mortgage Market Faces Decline in September 2024
The Hong Kong Monetary Authority reports a significant decline in mortgage applications and loans in September 2024, with a notable drop in financing for both primary and secondary market transactions.
Hong Kong Sees Surge in Negative Equity Residential Mortgage Loans
Hong Kong Monetary Authority reports a significant rise in residential mortgage loans in negative equity, reaching 40,713 cases at the end of September 2024.
HKMA Reports July 2024 Residential Mortgage Survey Results
The Hong Kong Monetary Authority (HKMA) reports a 0.7% increase in mortgage applications for July 2024, along with significant trends in mortgage loans and delinquency ratios.
Hong Kong Monetary Authority Reports Decline in Negative Equity Mortgage Loans for June 2024
The Hong Kong Monetary Authority's survey reveals a decrease in residential mortgage loans (RMLs) in negative equity by end of June 2024.
Hong Kong Mortgage Applications Drop by 17.2% in June 2024, HKMA Reports
The Hong Kong Monetary Authority (HKMA) reports a 17.2% decline in mortgage applications for June 2024, with significant decreases in loan approvals.
Hong Kong Mortgage Applications Drop 16.1% in May 2024, HKMA Reports
The Hong Kong Monetary Authority reported a 16.1% decrease in mortgage applications for May 2024, while mortgage loans approved increased by 8.8%.
HKMA Broadens Mortgage Insurance Programme Eligibility Criteria
The Hong Kong Monetary Authority has expanded the eligibility criteria of the Mortgage Insurance Programme.
HKMA Adjusts Countercyclical Measures for Property Mortgage Loans
The Hong Kong Monetary Authority (HKMA) announces technical adjustments to countercyclical macroprudential measures for property mortgage loans.
US-Based Mortgage Firm Permits Homebuyers to Use Crypto Holdings as Collateral
Milo, a financial technology company that reimagines mortgage credit, removes the obstacle for down payments if homebuyers use crypto holdings as collateral for home loans.
FinTech Figure Launches Cryptocurrency Mortgage Products
Figure now enables customers to leverage cryptocurrencies to purchase real estate.