BEIJING: At least 17 cities have cut personal housing mortgage interest rates for first-time homebuyers to as low as 4.25%, in a move that will reduce costs of home purchases and help boost rational housing demand, according to industry analysts.
Among the 42 cities tracked by Rong360 Digital Technology Institute, 17 cities have adjusted downward mortgage interest rates.
Already a subscriber? Log in
The Star Festive Promo: Get 35% OFF Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
