{"id":134364,"date":"2023-02-02T13:00:25","date_gmt":"2023-02-02T06:00:25","guid":{"rendered":"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\/"},"modified":"2023-02-02T13:28:37","modified_gmt":"2023-02-02T06:28:37","slug":"china-property-crisis-thirty-cities-cut-mortgage-rates-on-first-homes-to-key-level-in-bid-to-boost-struggling-market","status":"publish","type":"post","link":"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\/","title":{"rendered":"China property crisis: thirty cities cut mortgage rates on first homes to key level in bid to boost struggling market"},"content":{"rendered":"


\nThirty 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.
\n
\nSource : South China Morning Post
\nRead more…China property crisis: thirty cities cut mortgage rates on first homes to key level in bid to boost struggling market<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Thirty mainland Chinese cities lowered mortgage rates for first-time buyers to below the key level...<\/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-134364","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-yXa","jetpack-related-posts":[{"id":134591,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-cities-cut-mortgage-rates-for-first-time-buyers-to-lowest-since-2019-in-bid-to-revive-property-market\/","url_meta":{"origin":134364,"position":0},"title":"Chinese cities cut mortgage rates for first-time buyers to lowest since 2019 in bid to revive property market","date":"February 20, 2023","format":false,"excerpt":"\r The average rate for a first home in 103 mainland Chinese cities fell to 4.04 per cent in February, the lowest level since 2019, according to the Beike Research Institute.\r \r Source : South China Morning Post\r Read more...Chinese cities cut mortgage rates for first-time buyers to lowest since\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":130080,"url":"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\/","url_meta":{"origin":134364,"position":1},"title":"China reduces mortgage rates to boost home sales in hard-hit cities as Beijing seeks to prop up property market","date":"September 30, 2022","format":false,"excerpt":"\r The 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.\r \r Source : South China Morning Post\r Read more...China reduces mortgage rates to boost home sales\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"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":134364,"position":2},"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":133589,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-pledges-lower-mortgage-rates-strong-support-for-first-time-homebuyers-in-bid-to-rescue-ailing-property-market\/","url_meta":{"origin":134364,"position":3},"title":"China pledges lower mortgage rates, \u2018strong support\u2019 for first-time homebuyers in bid to rescue ailing property market","date":"January 6, 2023","format":false,"excerpt":"\r China has begun the new year by extending its policy of easing mortgage rates and pledging \u2018strong support\u2019 for first home purchases with the aim of turning the tide for its ailing property market.\r \r Source : South China Morning Post\r Read more...China pledges lower mortgage rates, \u2018strong support\u2019\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":134364,"position":4},"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":129750,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/australias-big-cities-hold-opportunities-for-hong-kong-mainland-china-property-investors-even-as-mortgage-rates-climb\/","url_meta":{"origin":134364,"position":5},"title":"Australia\u2019s big cities hold \u2018opportunities\u2019 for Hong Kong, mainland China property investors even as mortgage rates climb","date":"September 13, 2022","format":false,"excerpt":"\r Major cities such as Sydney, Melbourne and Perth are likely to offer investors the best deals owing to sustained housing demand, potential stamp duty savings and solid fundamentals, say analysts.\r \r Source : South China Morning Post\r Read more...Australia\u2019s big cities hold \u2018opportunities\u2019 for Hong Kong, mainland China property\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\/134364"}],"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=134364"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/134364\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=134364"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=134364"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=134364"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}