The Zhitong Finance App learned that on October 30, the Hong Kong Monetary Authority announced the results of the residential mortgage survey for September 2026. The number of new loan applications in September decreased by 10.5% compared to August to 7,560.

The amount of new mortgage loans approved in September decreased by 1.1% compared with August to HK$31.8 billion. Among these, loans financing primary market transactions decreased by 6.8% to HK$8.5 billion and those financing secondary market transactions decreased by 5.7% to HK$14.4 billion. Loans involving refinancing from exchanges increased by 14.6% to HK$8.9 billion.

The amount of new mortgage loans drawn down in September decreased by 22.8% compared with August to HK$25.3 billion.

The share of newly approved mortgage loans using the Hong Kong interbank interest rate as a pricing reference fell from 57% in August to 52.7% in September. The share of newly approved mortgage loans priced at the best lending rate fell from 1.9% in August to 1.3% in September.

The outstanding value of mortgage loans increased by 0.2% month-on-month to HK$19.03 billion in September.

The mortgage delinquency ratio remained low at 0.11%, and the rescheduled loan ratio remained close to 0%.

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