Housing Loans Interest Rate Reduction In China

Housing Loans Interest Rate Reduction In China

A staff member of a bank's personal loan center handles personal loans for customers in Haian city, Jiangsu province, China, June 20, 2023. The People's Bank of China authorized the National Interbank Lending Center to announce the latest loan market quotation rate (LPR) : 1-year LPR is 3.55%, and 5-year LPR is 4.2%, both down 10 basis points from the previous month. This is the first "cut" in mortgage rates this year.

  • Product Code
  • ILEA001450397
  • Registered date
  • 2023/6/20 00:00:00
  • Credit
  • CFOTO / Kyodo News Images
  • Media source
  • CFOTO
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  • 300 dpi
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  • China Out
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