Increase of interest rate gives the pressure on mortgage
People’s Bank of China from tomorrow (October 20) raised the benchmark deposit and lending rates of financial institutions . Higher interest rates mean for homeowners to bear greater financial pressure.
The stock mortgages has been automatically converted to 30% discount in Industrial and Commercial Bank
Finally, after the implementation of preferential mortgage policy for a state-owned bank, journalists learned from many ICBC branches that the bank automatically converted to give 30% discount. In 2009, there are many expectations to cut interest rates, so the people holding housing loans could have more preferential interest rates.
Agricultural Development Bank loans in the third quarter expanded 8.075 million yuan to support energy reduction
The Agricultural Development Bank of China informed that the third quarter of this year, the Agricultural Development Bank further implemented the national emission reduction related to energy policy, bringing into the full guiding role of credit leverage.
ABC Web site re-released “new political home rule” content
Agricultural Bank with the clear provisions of the new mortgage: borrowers who buy non-ordinary housing, even for first-time, give payment, in principle, with the ratio can’t below 25%.
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