BEIJING, Sept. 29 (Xinhua) -- The People's Bank of China and the National Financial Regulatory Administration rolled out a wave of policies on Sunday to stabilize the real estate market.

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China's central bank on Sunday adjusted the pricing mechanism for mortgage rates, as the country aims to lower the financial ...

The mortgage rates for first homes, second homes and more are required to be reduced no lower than 30 basis points below the loan prime rate (LPR) by Oct. 31, 2024 to ease financial burdens on ...

The move is the latest in a weeklong burst of easing measures aimed at stimulating China’s moribund property market.

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BEIJING, Sept. 29 (Xinhua) -- China's central bank on Sunday requested commercial banks to lower interest rates for existing home loans as the country aims to lower financial burdens on property ...

The People's Bank of China (PBOC) told commercial banks on Sunday to start lowering interest rates on all existing housing ...