Residential Mortgage Survey Results - February 2026
Summary
The Hong Kong Monetary Authority released February 2026 residential mortgage survey results showing a 10.8% month-on-month decline in mortgage approvals to HK$29 billion. Applications decreased 7.5% to 8,125, while drawn loans fell 24.4% to HK$16.4 billion. The mortgage delinquency ratio remained low at 0.13% and outstanding mortgage loans increased 0.2% to HK$1,926.3 billion.
What changed
The HKMA published February 2026 residential mortgage statistics revealing declines across most lending categories. New mortgage applications fell 7.5% to 8,125, approvals dropped 10.8% to HK$29 billion, and drawn loans decreased 24.4% to HK$16.4 billion. Primary market financing fell 24% to HK$8.6 billion while secondary market declined 6.1% to HK$17.2 billion; however, refinancing loans increased 10.7% to HK$3.2 billion. HIBOR-referenced loans decreased to 87.5% of new approvals.
This is a routine statistical release with no new regulatory requirements or compliance obligations for banks or consumers. The data reflects market conditions without announcing policy changes. No action is required from regulated entities.
Source document (simplified)
Residential Mortgage Survey Results for February 2026
Press Releases
31 Mar 2026
Residential Mortgage Survey Results for February 2026
The Hong Kong Monetary Authority announced the results of the residential mortgage survey for February 2026.
The number of mortgage applications in February decreased month-on-month by 7.5% to 8,125.
Mortgage loans approved in February decreased by 10.8% compared with January to HK$29 billion. Among these, mortgage loans financing primary market transactions decreased by 24% to HK$8.6 billion and those financing secondary market transactions decreased by 6.1% to HK$17.2 billion. Mortgage loans for refinancing increased by 10.7% to HK$3.2 billion.
Mortgage loans drawn down during February decreased by 24.4% compared with January to HK$16.4 billion.
The ratio of new mortgage loans priced with reference to HIBOR decreased from 89.5% in January to 87.5% in February. The ratio of new mortgage loans priced with reference to best lending rates increased from 1.5% in January to 1.9% in February.
The outstanding value of mortgage loans increased month-on-month by 0.2% to HK$1,926.3 billion at end-February.
The mortgage delinquency ratio stood at a low level of 0.13% and the rescheduled loan ratio was unchanged at nearly 0%.
Hong Kong Monetary Authority
31 March 2026
Latest Press Releases
- 31 Mar 2026 Scam alert related to banks
- 31 Mar 2026 HKMA Bulletin (Issue 01/2026)
- 31 Mar 2026 Monetary Statistics for February 2026
- 31 Mar 2026 Residential Mortgage Survey Results for February 2026
- 31 Mar 2026 International Reserves and Foreign Currency Liquidity
View All View All Last revision date : 31 March 2026 Share
Related changes
Source
Classification
Who this affects
Taxonomy
Browse Categories
Get Banking & Finance alerts
Weekly digest. AI-summarized, no noise.
Free. Unsubscribe anytime.
Get alerts for this source
We'll email you when HKMA Press Releases publishes new changes.