0_public:macro:down_payment
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| 0_public:macro:down_payment [2024/12/09 21:49] – removed - external edit (Unknown date) 127.0.0.1 | 0_public:macro:down_payment [2024/12/09 21:49] (current) – ↷ Page moved from macro:down_payment to 0_public:macro:down_payment pointnm | ||
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| + | ====== Down Payment ====== | ||
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| + | The People’s Bank of China has lowered the minimum downpayment for mortgages for both first-time buyers (from 30% to 20%) and second-time buyers (from 40% to 30%) while the minimum interest premium charged over the Loan Prime Rate has also been reduced. | ||