Following try a question by Hon Edmund Wong and an excellent created answer by Secretary having Economic Functions while the Treasury, Mr Christopher Hui, from the Legislative Council today (March 23):
You will find comments that with the united states Federal Set-aside expecting the eye rates of your United states to enter an upwards duration in 2010, the interest cost away from Hong-kong often usually end up being influenced. Shortly after home-based financial costs increase, it will, to some extent, connect with if you don’t contract a hit to help you many home owners during the Hong kong. Inside connection, often the government inform that it Council:
(1) when it knows the greatest, low and you will average monthly rates for new home-based mortgage loans approved by banking companies and signed up financial institutions regarding 2007 so you can 2021; and you can
(2) when it have projected the changes when you look at the interest levels for brand new domestic mortgage loans to-be passed by banking companies and you can licensed economic institutions throughout the coming 36 months; in this case, of information; if not, the reason why for this?
(1) and you may (2) This new HKMA prices the typical rate of interest on the the latest mortgages acknowledged from inside the a specific week playing with analysis concerning subscribed organizations secure about month-to-month Domestic Financial Questionnaire.
According to the Connected Exchange rate Program, the degree of your Hong kong dollars rates of interest will normally follow the ones from the You buck equivalents, alongside the United states interest rate hike-period. However, due to the fact speed out of financial plan toning by the Us Government Reserve in addition to mentality on United states rates try nonetheless at the mercy of concerns, in addition to proven fact that the levels of domestic interest levels are subject to alterations in the supply from and you may interest in Hong Kong dollar in the local segments, this new HKMA doesn’t always have certain quotes of your own regional financial rates into future 3 years. (เพิ่มเติม…)
