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China To Reduce Existing Mortgage Rates for 1st-Time Home Buyers from 25th September 2023, Central Bank Reduced Foreign Exchange Reserve Ratio from 6% to 4% & Reduced 1-Year Loan Rate by 0.15% to 2.5%
1st September 2023 | Hong Kong
China will be reducing existing mortgage rates for 1st-time home buyers from 25th September 2023. China central bank The People’s Bank of China (PBOC) has also reduced foreign exchange reserve ratio from 6% to 4% and reduced 1-year loan rate by 0.15% to 2.5%.
” China To Reduce Existing Mortgage Rates for 1st-Time Home Buyers from 25th September 2023, Central Bank Reduced Foreign Exchange Reserve Ratio from 6% to 4% & Reduced 1-Year Loan Rate by 0.15% to 2.5% “
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