[YVR-HKG]

Hi all!

Just about to jump into a mortgage in HK.

Can you share w/ us the mortgage rate you recieved/were quoted? I remember reading about 1.75% about a month ago when I was in HK.. not sure what the rate is at now...

Maybe to standardize the responses..

Quote Date, interest rate, term, downpayment %, bank name.

[sterling168]

i got Hibor 1 month + 0.5% recently, with capped of P-1.9%. In the coming 1 - 2 years, I think that this will be a better option than P- 2% or P-2.25% available in the market.

[PDLM]

HSBC has just reduced its rate for my mortgage (taken out in August 07) to 2% (which is P-3 I think). Not sure if that is available for new mortgages.

[Beuze]

Standard Chartered just reduce my interest to 2% too (P-3%)

[Lammarite]

Originally Posted by PDLM

HSBC has just reduced its rate for my mortgage (taken out in August 07) to 2% (which is P-3 I think). Not sure if that is available for new mortgages.

We have the same rate- bought in June 07. We have a fixed monthly payment and the length of the mortgage has dropped considerably since the initial signing. Hopefully it will continue to prove to be a good window we chose to purchase in!

[movingin08]

Originally Posted by Beuze

Standard Chartered just reduce my interest to 2% too (P-3%)

lucky bastards! i'm paying 2.1%.

everyone who bought in the last year is getting cheaper financing but also price depreciation... everything is a trade off

[Lammarite]

Originally Posted by movingin08

lucky bastards! i'm paying 2.1%.

everyone who bought in the last year is getting cheaper financing but also price depreciation... everything is a trade off

It's Hong Kong- prices will come back again. We're in it for the long term so we're just sitting back and watching our payment term get shorter and shorter.

[sterling168]

Hibor 1 month + 0.5% = 1.5% at this time. Don't know how long this good times will last though...

[swallow]

hi there,
i had a latest piece of mortgage info for most major banks in HK.
if you are interested.
Kindly email me joycelam.fin@gmail.com.
btw, we will do the mortgage referal services as well as flat hunting.

thanks

[pinko]

Originally Posted by [U

]swallow[/U];284601]hi there,
i had a latest piece of mortgage info for most major banks in HK.
if you are interested.
Kindly email me joycelam.fin@gmail.com.

I hope you are a woman?