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Traditional ChineseSimplified ChineseText onlyPDARSS
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July 29, 2010

Home loans
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Negative equity mortgages rise
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Monetary Authority

The estimated number of residential mortgage loans in negative equity grew to 310 cases at the end of June from 303 at the end of March, according to the Monetary Authority's latest survey.

 

The aggregate value rose to $500 million from $400 million. The unsecured portion of these loans hovered at $100 million.

 

The three-month delinquency ratio fell to 0% from 0.24% at the end of March.



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