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Homebuyers Delay Purchases Amid Uncertain Mortgage Rates

3/23/2026

39 5 Full Breakdown

Summary

Story summary

Katie Chan, a 37-year-old Hong Kong accountant, may delay buying a flat due to slower rate cuts.
She hopes for a mortgage rate below 1.95%, with rates currently at 2.02%.
Analysts say her plans may not change, though Hong Kong’s property market could have limited impact.
The wait-and-see mood among homebuyers, amid geopolitical uncertainty, may hinder sector recovery.
The U.S. Federal Reserve maintained its target rate at 3.5%–3.75%.

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Story summary

Katie Chan, a 37-year-old Hong Kong accountant, may delay buying a flat due to slower rate cuts.
She hopes for a mortgage rate below 1.95%, with rates currently at 2.02%.
Analysts say her plans may not change, though Hong Kong’s property market could have limited impact.
The wait-and-see mood among homebuyers, amid geopolitical uncertainty, may hinder sector recovery.
The U.S. Federal Reserve maintained its target rate at 3.5%–3.75%.