HIBOR-based Mortgage Plan

What is a HIBOR-based Mortgage Plan?

HIBOR-based Mortgage Plan adopts Hong Kong Interbank Offered Rate* as a base rate to formulate your mortgage interest rate and offer a Best Lending Rate-based (BLR^-based) interest rate cap. This plan can help you to follow more closely the money market movement in interest rate.

Features

• An alternative choice for you on top of BLR-based mortgage plan.
• Better reflect the money market interest rate movement
• Under a relatively low interest rate environment, may maximize your mortgage interest saving
• An extra protection of interest rate cap

What else should I know?

Home related loans

Home related insurance

* HIBOR means the Hong Kong Interbank Offered Rate for Hong Kong Dollars quoted by The Hongkong and Shanghai Banking Corporation Limited at or about 11:00 a.m. (Hong Kong time), on the Loan drawdown date or relevant interest re-fixing date. HIBOR as determined by The Hongkong and Shanghai Banking Corporation Limited shall be conclusive.

^ BLR refers to the Hong Kong Dollar Best Lending Rate quoted by The Hongkong and Shanghai Banking Corporation Limited from time to time