HONG KONG, Jan 28 (Reuters) - New mortgage loans drawn down

in Hong Kong totalled HK$18.9 billion ($2.44 billion) in

December, down 10.8 percent from a month earlier, Hong Kong

Monetary Authority (HKMA) data showed on Monday.

Following is the breakdown of data from the authority:

M/M

December November Pct Change

New loans drawn down (HK$ mln) 18,865 21,158 -10.8

New loans approvals(HK$ mln):

- Primary market 3,104 5,614 -44.7

- Secondary market 9,472 15,369 -38.4

- Refinancing 2,612 3,164 -17.4

TOTAL 15,187 24,147 -37.1

No. of applications (cases) 7,449 10,627 -29.9

Outstanding loans (HK$ mln): 868,186 856,884 1.3

- Delinquency ratio (pct) 0.02 0.01

- Rescheduled loan ratio (pct) 0.01 0.01

Proportion of new mortgage loans

priced with reference to:

- best lending rates (pct) 90.4* 92.7 -2.3

- HIBOR (Hong Kong interbank

offered rates) (pct) 7.7 5.2 2.5

*with majority priced within the range of 2.00 and 2.25

percent.

($1 = 7.7539 Hong Kong dollars)

(Reporting by Christina Lo; Editing by Robert Birsel)

Keywords: HONGKONG MORTGAGES/

(christina.lo@thomsonreuters.com)(+852 2843-6960)(Reuters Messaging: christina.lo.thomsonreuters.com@reuters.net)

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