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Hang Seng Bank raises mortgage rates

By , on March 14th, 2013

<!– google_ad_section_start –> Hang Seng Bank on Thursday joined two other banks in Hong Kong to raise mortgage lending rates by 25 basis points. The bank announced that its best lending rates on new home loans were raised to between 2.4 and 3 per cent, depending on borrowers’ credit records, from between 2.15 and 2.75 per cent. The new rates came with immediate effect. The move follows a similar 0.25 percentage point increase by two of Hong Kong’s leading banks – HSBC and Standard Chartered – on Wednesday. <!– google_ad_section_end –>

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Hang Seng Bank raises mortgage rates

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