Hong Kong's drawndown mortgage loans rise 82 pct in March

April 30, 2015 9:15 AM

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April 30 (Reuters) - New mortgage loans drawn down in Hong Kong totalled HK$29.2 billion ($3.77 billion) in March, up 82 percent from a month earlier, Hong Kong Monetary Authority (HKMA) data showed on Thursday.

Following is the breakdown of data from the authority: M/M Mar Feb Pct Change New loans drawn down (HK$ mln) 29,195 16,041 82.0 New loan approvals(HK$ mln): - Primary market 6,916 5,997 15.3 - Secondary market 15,561 15,901 -2.1 - Refinancing 5,583 4,758 17.3 TOTAL 28,060 26,656 5.3 No. of applicati...

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