Personal Mortgage Interest Rate Pricing Mechanism in China

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Personal Mortgage Interest Rate Pricing Mechanism in China

A building under construction by China Overseas Property is for sale in Qingjiangpu district, Huai 'an city, Jiangsu province, on October 31, 2024. On the same day, the Industrial and Commercial Bank of China, the Agricultural Bank of China, the Construction Bank, the Bank of Communications, and the Postal Savings Bank, among six commercial banks, issue an announcement that from November 1, they will implement a new pricing mechanism for commercial individual housing loan interest rates. (Photo by Costfoto/NurPhoto)


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