The Hong Kong Monetary Authority published the October 2025 residential mortgage survey results, showing a slight month-on-month decline in mortgage applications and broadly unchanged approvals, alongside a modest expansion in the outstanding mortgage loan book. Asset quality indicators remained stable, with mortgage delinquency still low. Mortgage applications fell 0.7% from September to 8,255, while approved mortgage loans totalled HK$31.3 billion. Within approvals, primary market financing decreased 2.1% to HK$12.4 billion, secondary market financing rose 3.4% to HK$16.0 billion, and refinancing fell 8.4% to HK$3.0 billion. Mortgage loans drawn down declined 3.5% to HK$20.1 billion. New mortgage pricing referenced to HIBOR eased to 91.9% from 92.6%, while pricing referenced to best lending rates edged down to 1.3% from 1.5%. Outstanding mortgage loans increased 0.8% to HK$1,907.4 billion at end-October; the delinquency ratio was 0.13% and the rescheduled loan ratio was unchanged at nearly 0%.
Hong Kong Monetary Authority 2025-11-28
Hong Kong Monetary Authority reports October 2025 mortgage approvals steady at HK$31.3 billion and delinquency at 0.13%
The Hong Kong Monetary Authority's October 2025 residential mortgage survey reported a 0.7% decline in mortgage applications to 8,255, with approvals stable at HKD 31.3 billion. Primary market financing decreased by 2.1%, while secondary market financing increased by 3.4%. Outstanding mortgage loans rose 0.8% to HKD 1,907.4 billion, with asset quality indicators remaining stable and low delinquency rates.