Free Trial

The growth in the mortgage rates for....>

CHINA PRESS
CHINA PRESS: The growth in the mortgage rates for first-time home buyers is
decreasing, and it may have reached its peak in this round, Economic Information
Daily reported. 
  - The mortgage rate is unlikely to be lowered nationwide in the short term,
the newspaper said, citing Li Weiyi, a big data analyst from Rong360. 
  - The housing purchase leverage ratio for individuals has fallen for five
consecutive seasons, marking a total fall of 8.6 percentage points since Q117,
the newspaper said, citing a report by E-house Research Institute. 
  - Under strict regulation policies and tight credit, housing purchase leverage
ratio will continue to decline and housing price growth will likely follow, the
newspaper said, citing Shen Xin, an analyst from E-house Research Institute.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.