China's home mortgage rate rebounded in June after hitting the lowest level since the start of 2018 in May, as the authorities ramp up property restrictions to prevent housing markets from overheating and also prevent leverage in the household sector from growing too fast.
China's average home mortgage rate for first-time home buyers rose to 5.423 per cent in June from 5.416 per cent in . . .
To continue reading, please subscribe.
We highly value independence. Yuan Talks is solely funded by subscriptions from thousands of intelligent readers like you. Don't miss out!
What you'll get:
- Original and in-depth reporting on China's economy and financial markets with details, data and perspectives you don't read elsewhere!
- Daily Brief newsletter delivered before market open every weekday wrapping up the most important China-related information.
- Weekly Market Wrap-up on Chinese equities, bonds, the yuan and commodities!
- Interviews with China experts. We find you insights you should never miss!
Not ready for the full service? Subscribe to our Free Weekly Newsletter first.
Already have an account? Sign In