
China Slashes Mortgage Rates More Than Expected, Boosting Real Estate Market
China’s unexpected 25 basis point cut to the five-year loan prime rate boosts mortgage rates, supporting the real estate market and easing borrower costs.
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China’s unexpected 25 basis point cut to the five-year loan prime rate boosts mortgage rates, supporting the real estate market and easing borrower costs.
China’s Central Financial Work Conference addresses mounting real estate risks, aiming to safeguard economic stability amidst a challenging market landscape.