| Journal Call no. | HC411.A76 |
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| Author | Reyes, Alejandro. |
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| Article Title | The mortgage war / Alejandro Reyes. |
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| Is Part Of | Asiaweek ; v.22, no.21, 24 May 1996, p.48, illus. |
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| Abstract | Finding a mortage used to be a simple matter in Hong Kong: the home buyer's bank took care of it for the standard interest rate of 1.75 percentage points over prime. Until the mortage war broke out. Late 1995 some banks and finance companies began offering lower rates and more liberal terms. In the article, the author examines the factors heating up Hong Kong's residential market just a year before it reverts to China. |
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