China’s home mortgage rates in major cities declined fastest since 2019 in March as credit condition improves
DATA FEATURES
China’s home mortgage rates in major cities declined fastest since 2019 in March as credit condition improves
DATA FEATURES

China’s home mortgage rates in major cities declined fastest since 2019 in March as credit condition improves

 

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Home mortgage rates in China's major cities declined at the fastest pace since 2019 in March and waiting time for mortgage loan approval also shortened as credit condition for the struggling housing market improves.

Mainstream home mortgage rates for first-time home buyers in the 103 major cities stood at 5.34% in March and the rate for second-home buyers was 5.6%, sliding by 13 basis points and 15 basis points from . . .

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