20-9-billion

mortgage loans drawn down during November dropped 9.6% month-on-month to $20.9 billion, the Monetary Authority announced today. mortgage loans approved decreased 16.1% to $23.8 billion. Among these, mortgage loans financing primary market transactions decreased 26.7% to $5.8 billion, and those financing secondary market transactions dropped 12.5% to $13.9 billion. mortgage loans for refinancing …