Home mortgage loans pick up in some cities, though overall credit environment remains tight
Home mortgage loans pick up in some cities, though overall credit environment remains tight

Home mortgage loans pick up in some cities, though overall credit environment remains tight

 

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There are signs that banks’ mortgage loans are picking up in some cities, including tier-one cities, offering a relief to cash-strapped property developers. But industry insiders say that the overall credit environment remains tight and the policy stance for the real estate sector hasn't changed.

“I applied for mortgage loans in mid-August and the bank told me back then that I would have to wait until January next year. Surprisingly, I . . .

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