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China pledges lower mortgage rates, ‘strong support’ for first-time homebuyers in bid to rescue ailing property market


China has begun the new year by extending its policy of easing mortgage rates and pledging ‘strong support’ for first home purchases with the aim of turning the tide for its ailing property market.

Source : South China Morning Post
Read more…China pledges lower mortgage rates, ‘strong support’ for first-time homebuyers in bid to rescue ailing property market

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