The bank grabbed H and lowered the interest rate to 2.375%.

In the first half of the year, Hong Kong’s interest rate hike was reduced. Banks continued to launch and grab the offensive. It is reported that many large banks have lowered their H-keys in recent months and lowered their interest rates by 2.875% to 2.375%. This is in line with P’s actual interest rate. Will follow one after another.

3 Bank slightly reduced by 0.1% for new disk

The market expects the US to raise interest rates only twice this year. The pace of the contraction will slow down. The chances of interest rate hikes in the first half of this year are not high. Many banks will launch a new round of mortgage concessions in January, which is the first opportunity for this year’s mortgage business.

In addition to increasing the cash rebate offer, the news indicated that HSBC, Hang Seng (00011) and BOC (02388) have recently cut interest rates in a low-key manner, reducing H from the best interest rate P by 2.65% to P minus 2.75% to three banks. At present, P is calculated to be 5.125%. The capping rate has dropped from 2.475% to 2.375%, a decrease of about 0.1%. In the past five months, large banks have lowered their capping rates.

It is reported that the above interest rates are currently approved for the new market. Each has different thresholds for loans. For example, HSBC requires mortgage loans of more than 3 million yuan, and BOC and Hang Seng have a loan amount of 4 million yuan and 5 million respectively. In the meantime, individual owners of second-hand properties can also be considered for approval.

Several small and medium-sized banks have been followed up in the market. According to the news, Citigroup and ICBC (Asia) also lowered H to the level of P to 3 per cent according to the capping rate, which is now 5.375 per cent of the two lines of P, that is, the capping interest. Low is 2.375%, but for the time being only for a large amount of large loans.

Expand H by advantage

After the year-end factor subsided, the short-term interest rate fell back. The interest rate fell to 1.03% in the first month of the year. Some people in the industry believe that the balance of the banking system in Hong Kong still has an ample level of about 70 billion yuan. The current property market is brewing Xiaoyangchun, and the bank intends to beheaded. In the quarter, the company actively attracted customers and seized market share, which pushed H to dominate the market. As the adjustment is still in line with P’s actual interest rate, it is expected that the chances of triggering the “shooting” of the regulatory authorities will be small, which will lead other small and medium-sized banks to follow.

According to the Central Plains mortgage, some banks reduced their interest rate to the P rate according to the capping rate, which means that even if the interest rate fluctuates upward in the future, the actual mortgage interest of the new mortgage owner will not be higher than the P, so that H will expand according to the advantage. Meridian mortgages believe that the interest rate will fall back, and favorable H will rebound according to the proportion of use. In February, there will be a chance to regain over 50%. However, H has an advantage according to P, and it is expected to be equally divided in the first half of the year.

On the other hand, the building was highly competitive. Following the four major banks, the cash rebate was raised to 2% to 2.05%. The news indicated that one small and medium-sized bank also increased the amount of uncompleted flats to 2.07%, and the larger banks were slightly higher by 0.02%. 0.07%. In view of the fact that Hong Kong is still in a rate hike cycle and the interest rate reduction is actually limited, it is believed that the banks will continue to increase their concessions.