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 

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