China’s Strawberry Generation: Youth Culture, and the Changing Chinese Dream

Name: China’s Strawberry Generation: Youth Culture, and the Changing Chinese Dream
Uploaded: 2024-05-13T06:35:09+08:00
Description: China’s Strawberry Generation: Youth Culture, and the Changing Chinese Dream

Category：hotcomm

2024-05-13

Category Latest News

The first home loan interest rate is as low as 4.4%! This afternoon (May 15), the People's Bank of China and the China Banking and Insurance Regulatory Commission issued a notice on issues related to adjusting differentiated housing credit policies. - DayDayNews
After regulators frequently issued positive signals, the mortgage market in many cities has responded positively recently. A reporter from Securities Daily found that in addition to the acceleration of bank lending, mortgage interest rates in some cities have also been reduced. - DayDayNews
According to the official website of the People's Bank of China, the People's Bank of China authorized the National Interbank Lending Center to announce that the loan market quoted interest rates on February 21, 2022 were: 1-year LPR was 3.7%, and LPR over 5 years was 4.6%. - DayDayNews
Last month, the LPR over 5 years fell to the lowest point in history - 4.65%, which was also the largest reduction since the LPR reform. This month, there was no change, which was the same as last month. - DayDayNews
The People's Bank of China authorized the National Interbank Funding Center to announce that the loan market quotation rate on December 20, 2021 is: 1-year LPR is reduced by 5 basis points to 3.8%, and 5-year and above LPR remains unchanged at 4.65%. - DayDayNews
On December 28, the People's Bank of China issued an announcement that it would begin the conversion of the pricing benchmark for existing floating-rate loans. What does it mean? It’s just that the benchmark for your mortgage interest rate has changed! In the past, when we talked - DayDayNews
At the same time, a credit source from a local joint-stock bank said that starting from this week, the bank's lowest first-time home interest rate can reach 4.6%, which is an increase of 20 basis points on the basis of 4.4%, a slight decrease of 5 basis points from the previous 4 - DayDayNews
Reporter: Qiu Yu, real estate control policies in many places have been loosened recently, and mortgage interest rates have also begun to fall. Mortgage interest rates affect the cost of buying a house. Taking Beijing as an example, most banks currently have a 10% increase in loa - DayDayNews
This is the first time since the reform of the LPR quotation mechanism in August 2019 that the 5-year variety has been individually lowered. In the previous 6 adjustments, either only the 1-year variety was lowered, or the 1-year variety was adjusted twice as much as the 5-year v - DayDayNews
In the afternoon of the same day, Tianjin and Zhengzhou were the first to report interest rate adjustments. Some banks' first-home loan interest rates have dropped to as low as 4.4%, and trials have been launched in individual real estate projects. - DayDayNews

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