Should you refinance your mortgage? This is a question so many people in Hong Kong are asking themselves as interest rates continue to hover at all-time lows. While mortgage rates are at an all-time low that does not certainly mean that everybody with a mortgage should refinance. However, for the majority of homeowners now is the best time ever to take advantage of current interest rates and lock in a lower monthly payment on a mortgage.
Read more »Online loans have become increasingly popular in Hong Kong today as an easy, uncomplicated and relatively straightforward way to apply for a loan from any number of financial institutes and lenders, all from the comfort of your own home. Online loans can be directly between one borrower and one lender, which are typically applied for right on the financial companies website through a secured server. There are also online loan companies that take your information and then offer your loan to tens or possibly hundreds of different lenders that can then make an offer of a loan or pass on the loan, where they earn a part of the interest borrowers pay with. Read more »
