How low can you go?
Subscribe to keep reading.
Trivium Markets keeps you briefed on the latest developments in China markets policy.
Already a subscriber? Log in.
On Tuesday, Securities Daily reported that 35 cities nationwide have cut the minimum mortgage rate for first-time homebuyers to below 4%.
Some context: In May 2022, the national minimum interest rate on mortages was set at 20 basis points below the five-year loan prime rate (LPR).
That has put the ...