The Hong Kong Monetary Authority announced today (28 January) the results of its survey on residential mortgage loans (RMLs) in negative equity at end-December 2024. The estimated number of RMLs in negative equity was 38,389 cases at end-December 2024, as compared to 40,713 cases at end-September 2024. These cases were mainly related to bank staff Read More »
The Hong Kong Monetary Authority announced today (28 January) the results of its survey on residential mortgage loans (RMLs) in negative equity at end-December 2024.
The estimated number of RMLs in negative equity was 38,389 cases at end-December 2024, as compared to 40,713 cases at end-September 2024. These cases were mainly related to bank staff housing loans or RMLs under mortgage insurance programme, which generally have a higher loan-to-value ratio.