{"id":147174,"date":"2024-09-25T11:00:14","date_gmt":"2024-09-25T04:00:14","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-homeowners-cheer-beijings-move-to-cut-mortgage-rates-by-a-half-point\/"},"modified":"2024-09-25T13:02:02","modified_gmt":"2024-09-25T06:02:02","slug":"chinese-homeowners-cheer-beijings-move-to-cut-mortgage-rates-by-a-half-point","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-homeowners-cheer-beijings-move-to-cut-mortgage-rates-by-a-half-point\/","title":{"rendered":"Chinese homeowners cheer Beijing\u2019s move to cut mortgage rates by a half point"},"content":{"rendered":"


\nChinese homeowners hailed Beijing\u2019s decision to cut mortgage rates by a half-point, though some believe the move will not spark a recovery.
\n
\nSource : South China Morning Post
\nRead more…Chinese homeowners cheer Beijing\u2019s move to cut mortgage rates by a half point<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Chinese homeowners hailed Beijing\u2019s decision to cut mortgage rates by a half-point, though some believe...<\/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-147174","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-ChM","jetpack-related-posts":[{"id":126811,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-banks-profitability-can-weather-record-cut-in-mortgage-lending-rates-analysts-say\/","url_meta":{"origin":147174,"position":0},"title":"Chinese banks\u2019 profitability can weather record cut in mortgage lending rates, analysts say","date":"May 23, 2022","format":false,"excerpt":"\r Chinese banks are likely to survive an unexpectedly large cut in their loan prime rate, the benchmark they use to price mortgages and long-term infrastructure loans, thanks to lower funding costs that have given them more headroom to heed Beijing\u2019s call to support the ailing property sector, analysts said.\r\u2026","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":147174,"position":1},"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":138996,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-state-banks-face-profit-squeeze-as-they-comply-with-beijings-call-for-mortgage-rate-cuts-to-aid-property-market\/","url_meta":{"origin":147174,"position":2},"title":"China\u2019s state banks face profit squeeze as they comply with Beijing\u2019s call for mortgage-rate cuts to aid property market","date":"September 1, 2023","format":false,"excerpt":"\r Banks will cut rates on 16 trillion yuan (US$2.2 trillion) of existing first-home loans, helping households save up to 109 billion yuan in interest, ANZ says. The cut will have a tangible impact on profit margins.\r \r Source : South China Morning Post\r Read more...China\u2019s state banks face profit\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120644,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-australia-relations-tech-firms-snub-australian-office-market-amid-beijings-spat-with-canberra-over-trade-covid-19-handling\/","url_meta":{"origin":147174,"position":3},"title":"China-Australia relations: tech firms snub Australian office market amid Beijing\u2019s spat with Canberra over trade, Covid-19 handling","date":"June 8, 2021","format":false,"excerpt":"\r Australia\u2019s office property market has taken a battering from the Covid-19 pandemic, with vacancy rates in cities like Sydney soaring as companies cut back their overheads and more people work from home.In that respect, it is no different from most developed countries. However, Australia might not be faring so\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138527,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-top-housing-official-seeks-lower-mortgage-rates-down-payments-to-galvanise-market-recovery\/","url_meta":{"origin":147174,"position":4},"title":"China\u2019s top housing official seeks lower mortgage rates, down payments to galvanise market recovery","date":"July 28, 2023","format":false,"excerpt":"\r 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\u2019s top housing official says.\r \r Source : South China Morning Post\r Read more...China\u2019s top housing official seeks lower mortgage rates, down\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":146600,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-homeowners-have-you-struggled-to-pay-your-mortgage\/","url_meta":{"origin":147174,"position":5},"title":"UK homeowners: have you struggled to pay your mortgage?","date":"July 31, 2024","format":false,"excerpt":"\r We would like to hear from people in the UK who have found it difficult to manage their mortgageThe Bank of England has cut UK interest rates from 5.25% to 5%, the first reduction in over four years. The hope for UK homeowners will be that mortgage lenders will\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\/147174"}],"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=147174"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/147174\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=147174"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=147174"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=147174"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}