(AFX UK Focus) 2005-07-25 10:50 GMT: Hong Kong end-June new mortgage loan drawdowns fall 8.5 pct vs end-May - HKMA (Interactive Investor) HONG KONG (AFX) - The Hong Kong Monetary Authority (HKMA) said new mortgage loan drawdowns at end-June fell 8.5 pct to 16.7 bln hkd from end-May. New residential loans approved
Paying points on a refinance Four points is a lot, particularly if you plan to refinance in a short time, Dr. Don says.via
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Banks have started to slash lending rates on mortgage loans in the wake of a central bank cut, but the loans are still more expensive than a year ago.
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