{"id":125583,"date":"2022-03-21T08:20:05","date_gmt":"2022-03-21T01:20:05","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-holds-benchmark-loan-rate-despite-mounting-economic-pressures\/"},"modified":"2022-03-21T09:18:22","modified_gmt":"2022-03-21T02:18:22","slug":"china-holds-benchmark-loan-rate-despite-mounting-economic-pressures","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-holds-benchmark-loan-rate-despite-mounting-economic-pressures\/","title":{"rendered":"China holds benchmark loan rate despite mounting economic pressures"},"content":{"rendered":"


\nChina held its benchmark lending rate despite concerns over a cooling economy, the central bank confirmed on Monday.The one-year loan prime rate (LPR) \u2013 on which most new and outstanding loans are based \u2013 remained at 3.70 per cent at the March fixing.The five-year LPR \u2013 which is a reference rate for mortgages \u2013 also remained unchanged at 4.65 per cent, according to the People\u2019s Bank of China (PBOC).Among 36 financial institutions surveyed in a snap Reuters poll last week, just over half said\u2026
\n
\nSource : South China Morning Post
\nRead more…China holds benchmark loan rate despite mounting economic pressures<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

China held its benchmark lending rate despite concerns over a cooling economy, the central bank...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-125583","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-wFx","jetpack-related-posts":[{"id":110801,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/us-long-term-mortgage-rates-rise-but-remain-historically-low-as-global-economic-slowdown-trade-war-weigh-on-sentiment\/","url_meta":{"origin":125583,"position":0},"title":"US long-term mortgage rates rise but remain historically low, as global economic slowdown, trade war weigh on sentiment","date":"September 16, 2019","format":false,"excerpt":"\r Long-term United States mortgage rates rose this week, but remained at historically low levels.Mortgage buyer Freddie Mac said on Thursday the rate on the 30-year, fixed-rate mortgage increased to 3.56 per cent from 3.49 per cent last week. Average rates on the benchmark loan have remained below 3.6 per\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":95793,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shanghai-lowers-first-home-mortgage-rates-to-revive-market-and-boost-economic-growth\/","url_meta":{"origin":125583,"position":1},"title":"Shanghai lowers first-home mortgage rates to revive market and boost economic growth","date":"August 10, 2018","format":false,"excerpt":"\r Two state-owned banks in Shanghai have lowered their first-home mortgage rates in an unprecedented move to ease buying restrictions after two years of controls to cool the overheated property market. Borrowers will be eligible for a 10 per cent discount off the benchmark interest rate, up from a previous\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":147444,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-cuts-key-mortgage-rate-encouraging-sign-amid-push-to-stabilise-property-market\/","url_meta":{"origin":125583,"position":2},"title":"China cuts key mortgage rate, \u2018encouraging sign\u2019 amid push to stabilise property market","date":"October 21, 2024","format":false,"excerpt":"\r Five-year loan prime rate lowered from 3.85 per cent to 3.6 per cent, the People\u2019s Bank of China said on Monday.\r \r Source : South China Morning Post\r Read more...China cuts key mortgage rate, \u2018encouraging sign\u2019 amid push to stabilise property market","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":76086,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/homeowners-should-brace-themselves-for-rising-mortgage-rates-as-curbs-on-speculators-continue\/","url_meta":{"origin":125583,"position":3},"title":"Homeowners should brace themselves for rising mortgage rates as curbs on speculators continue","date":"January 9, 2018","format":false,"excerpt":"\r Mainland homebuyers could face higher financing costs this year as lenders are expected to raise mortgages rates to curb housing speculation, and help with the country\u2019s nationwide efforts to slash debt. In 35 major cities, average mortgage rates for first-time homebuyers rose to 5.38 per cent in December, up\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":137778,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-central-bank-cuts-key-benchmark-interest-rates-to-boost-economic-recovery\/","url_meta":{"origin":125583,"position":4},"title":"China\u2019s central bank cuts key benchmark interest rates to boost economic recovery","date":"June 20, 2023","format":false,"excerpt":"\r The one-year Loan Prime Rate, which serves as a benchmark for corporate loans, was reduced from 3.65 percent to 3.55 percent\r \r Source : arabianbusiness.com\r Read more...China\u2019s central bank cuts key benchmark interest rates to boost economic recovery","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2023\/06\/Peoples-Bank-of-China-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":56066,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/standard-chartered-raises-mortgage-rate-citing-hkma-rule-changes\/","url_meta":{"origin":125583,"position":5},"title":"Standard Chartered raises mortgage rate, citing HKMA rule changes","date":"May 26, 2017","format":false,"excerpt":"\r Standard Chartered Bank has raised its residential mortgage rate in Hong Kong, and other banks are expected to follow suit. Standard Chartered cited the increased cost of doing business following the Hong Kong Monetary Authority\u2019s latest risk management measures as the reason. The bank will increase the interest rate\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/125583"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=125583"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/125583\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=125583"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=125583"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=125583"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}