

Rates Update
FARM Rate Update
Please find below the interest rates for the HKMC Fixed Adjustable Rate Mortgage (FARM)
Programme. Unless otherwise notified by the HKMC, the interest rates herein are effective
only on the date(s) specified:
Effective Date(s): From: 1-Dec-19 To: 31-Dec-19
For loans drawdown on or before | 31-Jan-20 | 29-Feb-20 (3 months) | 31-Mar-20 (4 months) |
3-year Fixed Term* | 2.93% | 2.97% | 3.02% |
5-year Fixed Term* | 2.89% | 2.92% | 2.95% |
Note: Prepayment made in the 3rd year : 1% of the prepaid amount
The new interest rates will also be posted on Reuters (page HKMC03) and Bloomberg (page HKMC) |
Hong Kong Prime Rate
Effective Date | Hong Kong Prime Rate (as specified by The Hong Kong Mortgage Corporation Limited from time to time) |
30-Mar-06 | 8.25% |
08-Nov-06 | 8.00% |
20-Sep-07 | 7.75% |
02-Nov-07 | 7.50% |
12-Nov-07 | 7.25% |
13-Dec-07 | 7.00% |
24-Jan-08 | 6.25% |
01-Feb-08 | 6.00% |
20-Mar-08 | 5.50% |
10-Nov-08 | 5.25% |
02-Oct-18 | 5.375% |
01-Nov-19 | 5.25% |
Composite Interest Rate
Please refer to the website of the Hong Kong Monetary Authority (www.hkma.gov.hk) for the latest composite interest rate.