{"id":147444,"date":"2024-10-21T08:11:49","date_gmt":"2024-10-21T01:11:49","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-cuts-key-mortgage-rate-encouraging-sign-amid-push-to-stabilise-property-market\/"},"modified":"2024-10-21T09:33:18","modified_gmt":"2024-10-21T02:33:18","slug":"china-cuts-key-mortgage-rate-encouraging-sign-amid-push-to-stabilise-property-market","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-cuts-key-mortgage-rate-encouraging-sign-amid-push-to-stabilise-property-market\/","title":{"rendered":"China cuts key mortgage rate, \u2018encouraging sign\u2019 amid push to stabilise property market"},"content":{"rendered":"


\nFive-year loan prime rate lowered from 3.85 per cent to 3.6 per cent, the People\u2019s Bank of China said on Monday.
\n
\nSource : South China Morning Post
\nRead more…China cuts key mortgage rate, \u2018encouraging sign\u2019 amid push to stabilise property market<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Five-year loan prime rate lowered from 3.85 per cent to 3.6 per cent, the People\u2019s...<\/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-147444","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-Cm8","jetpack-related-posts":[{"id":135091,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-rise-as-mortgage-rate-cuts-lift-confidence\/","url_meta":{"origin":147444,"position":0},"title":"UK house prices rise as mortgage rate cuts lift confidence","date":"March 7, 2023","format":false,"excerpt":"\r Average monthly increase of 1.1% to \u00a3285,476 in February, after falls in previous two months, says HalifaxUK house prices picked up in February from the previous month as recent reductions in mortgage rates helped to stabilise the market, according to the lender Halifax.The average house price rose 1.1% to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":144957,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-needs-to-inject-us276-billion-into-property-market-to-stabilise-prices-goldman-sachs\/","url_meta":{"origin":147444,"position":1},"title":"China needs to inject US$276 billion into property market to stabilise prices: Goldman Sachs","date":"June 4, 2024","format":false,"excerpt":"\r China needs to inject about 2 trillion yuan into its crisis-hit property market to mop up some 10 per cent of the housing inventory and stabilise property prices, Goldman Sachs said in a report.\r \r Source : South China Morning Post\r Read more...China needs to inject US6 billion into\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122960,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/will-chinas-proposed-property-tax-be-big-enough-to-support-struggling-local-governments\/","url_meta":{"origin":147444,"position":2},"title":"Will China\u2019s proposed property tax be big enough to support struggling local governments?","date":"November 2, 2021","format":false,"excerpt":"\r China\u2019s planned property tax reforms could lift revenues for local governments but would not be sufficient enough to support them unless a large tax is imposed nationwide, according to analysts.To effectively stabilise local fiscal conditions, Zhang Yu, an assistant professor with Peking University\u2019s Guanghua School of Management, estimated that\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":104605,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-transactions-slump-33pc-in-february-as-investors-wait-for-market-to-stabilise\/","url_meta":{"origin":147444,"position":3},"title":"Hong Kong property transactions slump 33pc in February as investors wait for market to stabilise","date":"March 2, 2019","format":false,"excerpt":"\r Property sales in Hong Kong plunged more than 30 per cent year on year in February as investors and homebuyers stayed on the sidelines, unsure whether prices were likely to fall further.A total of 5,002 property transactions for flats, offices and car parks worth HK$41.9 billion (US$5.3 billion) was\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":73111,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-money-market-rate-hits-nine-year-high-pushing-up-mortgage-lending-rates\/","url_meta":{"origin":147444,"position":4},"title":"Hong Kong money market rate hits nine-year high, pushing up mortgage lending rates","date":"November 28, 2017","format":false,"excerpt":"\r Mortgage lending rates rose in Hong Kong on Tuesday, as the city\u2019s main benchmark lending rate hit a nine-year high amid strong demand for Hong Kong dollars. One-month interbank rates in Hong Kong rose to 0.9611 per cent, up from roughly 0.367 per cent in June. More than 95\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":94025,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-stamp-duties-have-worked-to-stabilise-the-housing-market-shielding-us-from-speculative-excess\/","url_meta":{"origin":147444,"position":5},"title":"Hong Kong\u2019s stamp duties have worked to stabilise the housing market, shielding us from speculative excess","date":"July 17, 2018","format":false,"excerpt":"\r It\u2019s been said there are only two sure things in life: death and taxes. Since November 2010, the Hong Kong government has implemented roughly half a dozen new or amended property stamp duties, and on top of that the Hong Kong Monetary Authority raised the loan-to-value (LTV) ratios three\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\/147444"}],"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=147444"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/147444\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=147444"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=147444"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=147444"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}