Paying down the mortgage
Subscribe to keep reading.
Trivium Markets keeps you briefed on the latest developments in China markets policy.
Already a subscriber? Log in.
The latest challenge facing banks? Homeowners prepaying their mortgages.
On Tuesday, the FT reported that there’s been a significant increase in Chinese homeowners repaying their mortgages early.
That’s reducing banks’ outstanding loans – their main source of profit – at a time they’re struggling t...