Real Estate
Hong Kong May Relax Some Mortgage Rules, Chan Says
Listings for residential properties for sale at a real estate agency in Hong Kong.
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Hong Kong’s government is considering marginally relaxing mortgage loan-to-value ratios for some residential property purchases, the city’s finance chief said.
The government is working with the Hong Kong Monetary Authority and will carefully deliberate between balancing financial stability and interests of first-time home owners, Financial Secretary Paul Chan said on a Commercial Radio program.