SHANGHAI, Feb 27 (SMM) – Chinese banks in Hebei, Anhui, Shandong and Jiangsu provinces have raised the interest rates for first-time home loans to various extent, according to a report by local media Securities Daily.
While the rates in Beijing went up by 10% for the most part, some were up by up to 30%, the report noted. The rates in other major cities went up by 5-20%.
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