China Bank Ups Mortgage Interest Rates

Story date: 2007-09-27 11:08:00
Added on: 2007-09-27 23:43:26

US News and World Report - SHANGHAI, China (AP) -- China has raised mortgage interest rates and increased the down payment needed for loans to finance purchases of second homes, the central bank said in a notice seen Friday. The moves were widely expected due to official ...


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