Two days to release "three favorable policies"! Expert: It will significantly boost the property market in October


2022-10-01: [Chinese Article Link] On the evening of 30 September, the Central Bank website published information that the People's Bank of China had decided to lower the interest rate of the first personal housing fund loan by 0.15 percentage points from 1 October 2022, with interest rates of less than five years (including five years)


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


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Two days to release "three favorable policies"! Expert: It will significantly boost the property market in October


2022-10-01: [Article Link] On the evening of 30 September, the Central Bank website published information that the People's Bank of China had decided to lower the interest rate of the first personal housing fund loan by 0.15 percentage points from 1 October 2022, with interest rates of less than five years (including five years)

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