Home mortgage rates in some Chinese cities decline after climbing for months

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Home mortgage rates in some Chinese cities decline recently after climbing for months, which some believe is a signal of easing mortgages after top financial regulators pledged twice in a week to maintain housing market stability and safeguard home buyers' legitimate rights.

China's average home mortgage rates for first-time home buyers stood at 5.46 per cent in September, up 23 basis points from the end of last year, and average mortgage rate . . .

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