China to cut existing mortgage rates by end of Oct.
China's top banks to tweak mortgage rates to boost housing market
Six of China's biggest banks said they would tweak interest rates on mortgages for existing home loans following a request to lower them from Beijing's central bank, state media said Monday, as the country seeks to pull itself out of a housing slump.
Mortgage Rates Tick Down to 6.08%—the Lowest Level in Two Years: 'The Market Is Abuzz'
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China to cut existing mortgage rates by the end of October
China's central bank said on Sunday it would tell banks to lower mortgage rates for existing home loans before Oct. 31, as part of sweeping policies to support the country's beleaguered property market as the economy slows.
China Moves to Cut Mortgage Rates to Revive Housing Market
China took steps to lower borrowing costs on as much as $5.3 trillion in mortgages for millions of families in its latest attempt to shore up the troubled property sector.
U.S. mortgage rates drop to 2-year low mark
Freddie Mac reports the 30-year fixed mortgage rate averaged 6.08% for the week ending Sept. 26 — down from 6.09% last week.
China to cut existing mortgage rates by end-Oct, cities ease home-buying curbs
China's central bank said on Sunday it would tell banks to lower mortgage rates for existing home loans before Oct. 31, as part of sweeping policies to support the country's beleaguered property market as the economy slows.
China Central Bank Directs Mortgage Rate Cuts to Revitalize Property Market
Chinas central bank announced on Sunday that it will instruct commercial banks to reduce mortgage rates for existing home loans before October 31. This is part of a broader effort to support the countrys
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