Author Topic: Mortgage in foreign currency- fx risk  (Read 1581 times)

Smiro688

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Mortgage in foreign currency- fx risk
« on: April 22, 2015, 07:46:52 AM »
Hi,

I'm currently living in HK but property here is VERY expensive, and as such ( as well as the fact I'm more comfortable with the respective markets) I'm looking to buy a rental property in NZ/ Australia. I can get an HSBC loan in HKD at a rate of 3.5%, but I'm concerned about my exposure to HKD/NZD exchange rate. Anyone have any thoughts on cheap hedges/ experience?

Thanks very much,