Beijing, Shanghai ease mortgage rules to lift housing market

Authorities in Beijing and Shanghai said they would let first-home buyers enjoy preferential mortgage rates regardless of their previous credit records, joining the fray to ease financing rules to spur a slowing housing market. Homebuyers will be regarded as first-time buyers if they – or their…#beijing #shanghai #homebuyers #housingministry #fitchratings #zhangshuncheng
Source: Reuters: Health - Category: Consumer Health News Source Type: news
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