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China lowers down payment requirement for first home buyers

English.news.cn   2015-09-30 17:19:33

BEIJING, Sept. 30 (Xinhua) -- Chinese authorities on Wednesday cut minimum down payments for first home buyers borrowing from commercial banks to 25 percent of the home's value in cities without implementing house purchase quota policy.

Editor: An
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China lowers down payment requirement for first home buyers

English.news.cn 2015-09-30 17:19:33

BEIJING, Sept. 30 (Xinhua) -- Chinese authorities on Wednesday cut minimum down payments for first home buyers borrowing from commercial banks to 25 percent of the home's value in cities without implementing house purchase quota policy.

[Editor: huaxia]
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