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General Category => Asia => China => Topic started by: lee on November 02, 2024, 11:01:42 PM

Title: New adjustment mechanisms to narrow mortgage interest rates
Post by: lee on November 02, 2024, 11:01:42 PM
New adjustment mechanisms to narrow mortgage interest rates

China will implement a normalized adjustment mechanism to narrow the gap between the interest rates of existing mortgages and newly-issued mortgages starting Friday.
Source: New adjustment mechanisms to narrow mortgage interest rates (http://www.ecns.cn/news/economy/2024-10-31/detail-iheipmiy5767713.shtml)
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