Considering the impact of prices on banks’ business and net interest margins, lenders will be strongly motivated to hike mortgage rates, according to analysts. Shijiazhuang’s rate floor will rise by ...

The current average rate of outstanding mortgages was 4.06 percent as of July 31. This will result in savings of CNY170 (USD24) a month for a person who has taken out a CNY1 million (USD141,492) ...

BEIJING - China's central bank cut its benchmark mortgage interest rate Tuesday for the first time in eight months to shore up the real estate market amid a prolonged property crisis in the world's ...

China's central bank cut its benchmark lending rate for mortgages on Friday, its second reduction this year, as the Communist-led government's radical "zero-COVID" policy weighs on the housing and ...

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