Tuesday , 26 November 2024
Home Forex China delivers on plege to lower downpayments for homes
Forex

China delivers on plege to lower downpayments for homes

As promised last week, China has lowered the downpayment ratio for first-time home buyers to 15% while the ratio for second homes has been lowered to 20%.

This isn’t a new announcement, it’s the confirmation of government reports from last week.

This article was written by Adam Button at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

ICYMI: Tariff man is back in action

A good ol' sense of déjà vu, eh? It's a throwback to...

USD/CAD in focus as Trump threatens Canada with tariffs

From earlier: Trump threatens a 25% tariff on Mexico and CanadaAnd so...

Japan PM Ishiba calls for cooperation from businesses on bigger wake hikes

Ishiba says that the government is requesting the cooperation from businesses to...

ForexLive Asia-Pacific FX news wrap: CAD smashed on Trump tariff threat

Bank of England Chief Economist Huw Pill speaking in parliament on TuesdayEuropean...