{"id":130080,"date":"2022-09-30T12:30:13","date_gmt":"2022-09-30T05:30:13","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-reduces-mortgage-rates-to-boost-home-sales-in-hard-hit-cities-as-beijing-seeks-to-prop-up-property-market\/"},"modified":"2022-09-30T12:34:08","modified_gmt":"2022-09-30T05:34:08","slug":"china-reduces-mortgage-rates-to-boost-home-sales-in-hard-hit-cities-as-beijing-seeks-to-prop-up-property-market","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-reduces-mortgage-rates-to-boost-home-sales-in-hard-hit-cities-as-beijing-seeks-to-prop-up-property-market\/","title":{"rendered":"China reduces mortgage rates to boost home sales in hard-hit cities as Beijing seeks to prop up property market"},"content":{"rendered":"


\nThe central bank gives local governments the green light to woo first-time homebuyers in what analysts see as a sign of support for the bruised property sector ahead of the country\u2019s party congress.
\n
\nSource : South China Morning Post
\nRead more…China reduces mortgage rates to boost home sales in hard-hit cities as Beijing seeks to prop up property market<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The central bank gives local governments the green light to woo first-time homebuyers in what...<\/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-130080","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-xQ4","jetpack-related-posts":[{"id":144427,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-to-cut-mortgage-rates-as-part-of-plan-to-prop-up-property-market\/","url_meta":{"origin":130080,"position":0},"title":"China to cut mortgage rates as part of plan to prop up property market","date":"May 17, 2024","format":false,"excerpt":"\r Local authorities will be allowed to turn unsold homes from developers into affordable housingChina will cut mortgage rates and allow local authorities to turn unsold homes from developers into affordable housing, in a series of drastic measures by Beijing aimed at propping up the country\u2019s faltering property market.The People\u2019s\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120738,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/home-sales-in-china-are-slowing-down-due-to-longer-mortgage-approval-times-as-beijing-seeks-to-calm-growth\/","url_meta":{"origin":130080,"position":1},"title":"Home sales in China are slowing down due to longer mortgage approval times as Beijing seeks to calm growth","date":"July 10, 2021","format":false,"excerpt":"\r China\u2019s government is trying to slow down red hot home sales by tightening up mortgage practices, which is leading to delays in loan approvals of as long as 108 days in some cities.Anna Li sold her home in Jinhua, Zhejiang Province at the beginning of April for around 2\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":131825,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-property-will-mortgage-rates-at-13-year-low-help-beijing-attract-buyers-back-to-stagnant-market\/","url_meta":{"origin":130080,"position":2},"title":"China property: will mortgage rates at 13-year low help Beijing attract buyers back to stagnant market?","date":"November 28, 2022","format":false,"excerpt":"\r Average borrowing costs have fallen to a 13-year low and are possibly cheaper in certain cities across China.\r \r Source : South China Morning Post\r Read more...China property: will mortgage rates at 13-year low help Beijing attract buyers back to stagnant market?","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":134364,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-property-crisis-thirty-cities-cut-mortgage-rates-on-first-homes-to-key-level-in-bid-to-boost-struggling-market\/","url_meta":{"origin":130080,"position":3},"title":"China property crisis: thirty cities cut mortgage rates on first homes to key level in bid to boost struggling market","date":"February 2, 2023","format":false,"excerpt":"\r Thirty mainland Chinese cities lowered mortgage rates for first-time buyers to below the key level of 4.1 per cent in January, according to the Beike Research Institute, as local governments respond to Beijing\u2019s pledge to help people get onto the property ladder.\r \r Source : South China Morning Post\r\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":101722,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/beijing-scores-us4-5-billion-in-record-land-sales-after-easing-controls-to-prop-up-property-market\/","url_meta":{"origin":130080,"position":4},"title":"Beijing scores US$4.5 billion in record land sales after easing controls to prop up property market","date":"November 27, 2018","format":false,"excerpt":"\r The Beijing government\u2019s partial easing of controls on the property market has helped it score record land sales in a single day. Twelve out of 13 land sites were successfully auctioned off by the Beijing Municipal Commission of Planning and Natural Resources on Monday, earning a total of 31.6\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138937,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-unveils-raft-of-home-buying-rules-in-bid-to-prop-up-slumping-property-market-and-economy\/","url_meta":{"origin":130080,"position":5},"title":"China unveils raft of home-buying rules in bid to prop up slumping property market and economy","date":"August 25, 2023","format":false,"excerpt":"\r Chinese authorities are easing mortgage rules and extending tax refunds for homebuyers in a bid to prop up the faltering property market and boost the economy.\r \r Source : South China Morning Post\r Read more...China unveils raft of home-buying rules in bid to prop up slumping property market and\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\/130080"}],"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=130080"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/130080\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=130080"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=130080"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=130080"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}