Hong Kong Residential Mortgage Loans in Negative Equity Fall in September

MT Newswires Live11-03 11:50

Hong Kong's residential mortgage loans in negative equity fell to 31,449 cases at end September from 37,806 cases in June, the Hong Kong Monetary Authority said Friday.

The aggregate value of the loans decreased to HK$156.8 billion from HK$190.2 billion in the prior month.

The three-month delinquency ratio of the loans rose marginally to 0.24% in September from 0.21% at end June, the report said.

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