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HomeHong Kong

Hong Kong

Hong Kong 's central bank
Economy

How Hong Kong plans to test its digital dollar in $229 bln mortgage market?

June 6, 2023 Mark Paul Cervantes Comments Off on How Hong Kong plans to test its digital dollar in $229 bln mortgage market?

HONG KONG, June 6 (Reuters) – Hong Kong ‘s central bank plans to test the use of its digital currency under a pilot project in its HK$1.8 trillion ($229 billion) mortgage market, with an aim […]

Hong Kong
Housing Bubble

The Hong Kong property market: where to from here?

May 5, 2023 Mark Paul Cervantes Comments Off on The Hong Kong property market: where to from here?

Hong Kong property market is in a conundrum. High real estate costs lead to low standard of living and add to business expenses, hurting its competitiveness against cities in the region. Successive administrations since 1997 […]

Hong Kong
Weely Real Estate News

Hong Kong property investment activity to bounce back in 2023 as investors hunt for bargains, analysts say

January 23, 2023 Mariel Alumit Comments Off on Hong Kong property investment activity to bounce back in 2023 as investors hunt for bargains, analysts say

The post Hong Kong property investment activity to bounce back in 2023 as investors hunt for bargains, analysts say appeared first on Weekly Real Estate News.

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U.S. Market

Rocket
Housing Wire

Rocket lost money last year, so why are its shares up?

February 25, 2024 Comments Off on Rocket lost money last year, so why are its shares up?

​ Rocket Companies, the parent of Rocket Mortgage, lost money in 2023, but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. Despite reporting […]

delinquency rates
Housing Wire

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off on Industry experts are closely watching delinquency rates, insurance costs

​ Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. Industry experts say that although there’s a correlation […]

Jobs
Economy

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off on Jobs data sends mortgage rates higher

​ Today we got a jobs Friday hat trick! Better headline jobs were reported, with positive revisions and more robust wage growth, which caught bond traders off guard and sent bond yields and mortgage rates […]

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