What is the current mortgage rate in Hong Kong?
What is the current mortgage rate in Hong Kong?
Permanent Offer of Fixed-rate Mortgage Scheme
| Fixed-rate period | Interest rate (p.a.) |
|---|---|
| 10-year | 1.99% |
| 15-year | 2.09% |
| 20-year | 2.19% |
What is Prime Rate Hong Kong?
| Actual | Previous | Dates |
|---|---|---|
| 5.00 | 5.00 | 1980 – 2022 |
What will replace HIBOR?
While the Hong Kong Dollar Overnight Index Average (HONIA) has been identified as an alternative to HIBOR, there is no plan to discontinue HIBOR. Similar multi-rate approaches have also been adopted by many other jurisdictions.
Which bank is best for mortgage in Hong Kong?
Compare Mortgage Loan Interest Rates
| Bank | P Plan Interest Rates | H Plan Interest Rates |
|---|---|---|
| Standard Chartered | P(5.25%) – 2.75% = 2.5% | H+1.3% |
| HSBC | P(5%) – 2.5% = 2.5% | H+1.3% |
| Bank of China | P(5%) – 2.5% = 2.5% | H+1.3% |
| Hang Seng Bank | P(5%) – 2.5% = 2.5% | H+1.3% |
What is the best lending rate in Hong Kong?
HSBC’s Current Hong Kong Dollar Best Lending Rate: 5.000% (for reference only)
| Effective Date | 01 Nov 2019 |
|---|---|
| HSBC’s Hong Kong Dollar Best Lending Rate | 5.000% |
| Effective Date | 28 Sep 2018 |
| HSBC’s Hong Kong Dollar Best Lending Rate | 5.125% |
| Effective Date | 10 Nov 2008 |
How is HIBOR calculated?
How is HIBOR Calculated? HIBOR is calculated based on the quotations from 20 designated banks. The banks are selected by the Hong Kong Association of Banks (HKAB) every two years on the recommendation of the Treasury Market Association.
What is the 30-year fixed mortgage rate today?
Today’s Mortgage Refinance Rates Take a look at today’s refinance rates: The average 30-year fixed-rate refinance currently sits at: 5.40% 20-year refinance rate: 5.41% 15-year refinance rate: 4.74%
What is HSBC’s 2019 HIBOR rate for Hong Kong dollars?
1.78000%. 2 January. 1.84000%. Find out HSBC’s 2019 Hong Kong Interbank Offered Rate for the interest period of 1 month for Hong Kong Dollars. 2019. 31 December. HIBOR for the interest period of 1 month. 2.68000%.
What is the 2020 Hong Kong interbank offered rate (HIBOR)?
Find out HSBC’s 2020 Hong Kong Interbank Offered Rate for the interest period of 1 month for Hong Kong Dollars. 2020: 31 December HIBOR for the interest period of 1 month: 0.18000% 2020: 30 December HIBOR for the interest period of 1 month: 0.19000% 2020
Is HIBOR the same as HKD interest settlement rates?
This HIBOR quoted by The Hongkong and Shanghai Banking Corporation Limited is not necessarily the same as HKD Interest Settlement Rates published by The Hong Kong Association of Banks. 2 Best Lending Rate (BLR) refers to the Hong Kong Dollar Best Lending Rate quoted by The Hongkong and Shanghai Banking Corporation Limited from time to time.
What is the HIBOR interest rate for 1 month?
HIBOR for the interest period of 1 month. 0.18000%. . 2020. 30 December. HIBOR for the interest period of 1 month. 0.19000%. . 2020.