The estimated number of RMLs in negative equity was 40,713 cases at end-September 2024, as compared to 30,288 cases at end-June 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. Read More »
The estimated number of RMLs in negative equity was 40,713 cases at end-September 2024, as compared to 30,288 cases at end-June 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.