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Hello. Caijing: 多地房贷利率上调：广州进9折时代 上海现9.5折
Shanghai area before the first home lowest interest rates was 10% below the benchmark, now this has been cut to 5%; second-home interest rate is still generally the benchmark interest rate plus 10%.
Guangzhou area, May 1 small holiday after the mortgage interest rate to accelerate into the “90% era.” Previsouly. state-owned banks and a number of listed banks offered first-home mortgages with discounts of 10% to 15%. Previously first-home mortgaged rates ranged from 10-15% discounts, with some listed banks already cutting the discount to 5%.
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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific's leading geo-politics and economics portal.
He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.
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