Brace for more mortgage pain as Hong Kong lenders seen lifting prime rates with the Fed odds-on to tighten policy again

By Enoch Yiu

Consumers might need to brace for bad news next week, with analysts predicting banks will raise their prime rates after the Federal Reserve’s projected rate hike. That could hurt the city’s nascent economic rebound.

Source: Brace for more mortgage pain as Hong Kong lenders seen lifting prime rates with the Fed odds-on to tighten policy again