China Daily Reads

China Daily Reads

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China Daily Reads
China Daily Reads
Chinese Banks Cut Mortgage Reference Rate by Most on Record

Chinese Banks Cut Mortgage Reference Rate by Most on Record

Feb 20, 2024
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China Daily Reads
China Daily Reads
Chinese Banks Cut Mortgage Reference Rate by Most on Record
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  • Five-year loan prime rate lowered by 25 basis points to 3.95%

  • Move may allow more cities to reduce minimum mortgage rates

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