Many mainland cities have introduced traditional policies such as reducing down payment. Changsha has the most prominent innovation measures?


2022-05-16: [Article Link] The bank, the silver guard, announced yesterday (15) that the lower interest rate of the first commercial private housing loan for a resident household that buys an ordinary home would be reduced by 20 basis points to the lower interest rate of the corresponding loan market (LPR) and the lower…


Note: This is a translated version of the Chinese news media article. A mature and nuanced reading is suggested.



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Many mainland cities have introduced traditional policies such as reducing down payment. Changsha has the most prominent innovation measures?


2022-05-16: [Article Link] The bank, the silver guard, announced yesterday (15) that the lower interest rate of the first commercial private housing loan for a resident household that buys an ordinary home would be reduced by 20 basis points to the lower interest rate of the corresponding loan market (LPR) and the lower…

Note: This is a translated version of the Chinese news media article. A mature and nuanced reading is suggested.

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