
China’s Top Banks Slash Mortgage Rates 🏠💰: A Boost for Homebuyers
China’s major banks have cut mortgage rates by an average of 50 basis points, following the central bank’s rate cut, aiming to boost the real estate market and support homebuyers.
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China’s major banks have cut mortgage rates by an average of 50 basis points, following the central bank’s rate cut, aiming to boost the real estate market and support homebuyers.
In the first five months of 2024, China’s banks extended a staggering 11.14 trillion yuan in new loans! Dive into the details of this financial surge and what it means for the economy. 💰📈