Hong Kong Mortgage

Mortgage loans approved in July total $24.8b.

The number of mortgage applications in January reached 6,523.

The new office will be led by a mortgage specialist.

The increase was likely due to the uptick in applications during the same month.

The drop was likely due to the decrease in applications during the same month.

Applications went down to 10,810 from 12,828 in November.

But loans approved increased 3%.