Skip to Primary Content
Alternative BannerMain Banner

Rates Update

Click to expand for viewing details

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-Apr-18   To: 30-Apr-18

 

For loans drawdown on or before

31-May-18
(2 months)

30-Jun-18

(3 months)

31-Jul-18

(4 months)

3-year Fixed Term*3.72%3.80%3.88%
5-year Fixed Term*3.95%4.00%4.05%

Note:
*Prepayment Penalty:
Prepayment made in the 1st year :  3% of the prepaid amount
Prepayment made in the 2nd year : 2% of the prepaid amount

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)

 

 

 

Click to expand for viewing details

Hong Kong Prime Rate

Effective Date

Hong Kong Prime Rate

(as determined by the Hong Kong Mortgage Corporation Limited)

30-Mar-068.25%
08-Nov-068.00%
20-Sep-077.75%
02-Nov-077.50%
12-Nov-077.25%
13-Dec-077.00%
24-Jan-086.25%
01-Feb-086.00%
20-Mar-085.50%
10-Nov-085.25%
Click to expand for viewing details

Composite Interest Rate

Please refer to the website of the Hong Kong Monetary Authority (www.hkma.gov.hk) for the latest composite interest rate.