Personal Finance
HK Q2 negative equity Residential mortgages fall
Font Scale: 
Posted 30 July 2008 @ 09:30 am HKT
Hong Kong residential mortgage loans in negative equity fell by 17 cases, to 936, with an aggregate value of $1.7 billion in the year's second quarter, according to the Monetary Authority's latest survey.
Article Tags 
equity fall mortgages negative residential
Chinese School Scraps Pregnancy TestCompared with the peak of 106,000 cases at the end of June 2003, the number has plunged 99%.
The estimated unsecured portion of these loans remained unchanged at $200 million. The loan-to-value ratio of the negative equity fell to 112% from 118%.
The three-month delinquency ratio of the negative equity residential mortgage loans dropped to 0.61% from 1.13% at the end of March.
news.gov.hk
Most Popular Stories
- 1 Buffett joins Goldman bid for Fannie Mae tax credits
- 2 Oil steady as U.S. crude stocks drop offsets fuel rise
- 3 Dollar edges down, Asia stocks up before Fed
- 4 Kraft says wont overpay for Cadbury as revenue misses
- 5 HK National Geopark opens
- 6 Asian stocks edge higher ahead of Fed decision
- 7 Meryl Streeps daughter gets first Hollywood break
- 1 China to launch stock exchange for smaller companies
- 2 Obama bringing hefty agenda on European trip
- 3 GM sees bankruptcy risk
- 4 For Wall Street, March is best month since 2002
- 5 North Korea missile consistent with satellite: U.S.
- 6 HK, Shenzhen agree on innovation plan
- 7 $6.6b Gov't deficit recorded
|
Top Stories on Personal Finance
- 1 Yen advances; shares edge higher, cheer earnings
- 2 Ex-GM CEO Wagoner retires with $8.6 mln
- 3 Investors bet on quick deal in UBS tax row
- 4 Major nations should back dollar as key currency: Japan
- 5 Job losses overshadow manufacturing recovery
- 6 General Mills profit tops view; 2010 outlook strong
- 7 Monsanto profit, restructuring send shares higher
|
|
