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HKMA: Mortgage Loans Approved in Apr $29B, Up 52.4% MoM
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The Hong Kong Monetary Authority (HKMA) announced the results of the residential mortgage survey for April. The number of mortgage applications increased MoM by 11.7% to 9,629. Mortgage loans approved during the period increased by 52.4% MoM to $29 billion. Among these, mortgage loans financing primary market transactions increased by 64.8% to $11.1 billion, and those financing secondary market transactions increased by 64.2% to $15.3 billion. AAStocks Financial News |
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