Report: Chinese banks adjust home loan rates up -Shanghai Metals Market

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Report: Chinese banks adjust home loan rates up

Industry News 02:30:35PM Feb 27, 2018 Source:SMM

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%. 

 


For editorial queries, please contact Daisy Tseng at daisy@smm.cn 
For more information on how to access our research reports, please email service.en@smm.cn 

Key Words:  home loan rates 

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62% Fe Fines (Qingdao Port): IOPI62
May.20
727.0
-2.0
(-0.27%)
62% Fe Fines (Qingdao Port, CFR Equiv.)
May.20
97.5
-0.5
(-0.47%)
58% Fe Fines (Qingdao Port): IOPI58
May.20
629.0
5.0
(0.80%)
58% Fe Fines (Qingdao Port, CFR Equiv.)
May.20
84.7
0.6
(0.65%)
65% Fe Fines (Qingdao Port): IOPI65
May.20
820.0
7.0
(0.86%)

Report: Chinese banks adjust home loan rates up

Industry News 02:30:35PM Feb 27, 2018 Source:SMM

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%. 

 


For editorial queries, please contact Daisy Tseng at daisy@smm.cn 
For more information on how to access our research reports, please email service.en@smm.cn 

Key Words:  home loan rates