Property News · July 28, 2023

China’s top housing official seeks lower mortgage rates, down payments to galvanise market recovery


China is seeking to guide mortgage rates and down payment ratios down for first-time homebuyers to help galvanise market recovery. Tax rebates are also being thrown in, Beijing’s top housing official says.

Source : South China Morning Post
Read more…China’s top housing official seeks lower mortgage rates, down payments to galvanise market recovery