China's Average Interest Rate for First-Time Mortgages Fell to 5.42% in May
Xia Ruirui
DATE: Jun 13 2019
/SOURCE: yicai
China's Average Interest Rate for First-Time Mortgages Fell to 5.42% in May
(Yicai Global) June 13 – The average interest rate for first time homebuyers' mortgages in China was 5.42 percent in May, down 1.09 percentage point from the previous month, according to the latest report from Rong360 Big Data Research Institute. The rate is the lowest since 2018.
China's Average Interest Rate for First-Time Mortgages Fell to 5.42% in May
