Monday, April 12, 2021
Tags Mortgages

Tag: Mortgages

Chinese Banks Raise First Home Loan Rates to 20% Above Benchmark

As lending quotas become scarce in the lead up to the year's end, a number of Chinese banks are raising their rates for first...

China First “Mortgage Slave Report” Says Rent-Income Ratio Over 50% in Major Cities

A new report released by Shanghai E-House Real Estate Research Institute points to heavy strain on China's housing market that leave many urban Chinese...

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Paypal Founder Peter Thiel Worries Bitcoin Could Be Financial Weapon for China Despite Domestic Ban

One of America's leading tech entrepreneurs believes that China could use the Bitcoin cryptocurrency as a "financial weapon" against the US should...

Chinese Central Bank Reportedly Orders Lenders to Keep 2021 Credit Growth on Par with Last Year

The People's Bank of China (PBOC) has reportedly issued an order for leading banking sector financial institutions to scale back credit growth...

Alibaba Hit with $2.78B Anti-Trust Penalty by China’s Market Regulator

Jack Ma's Alibaba has been slapped with a massive fine by China's market regulator following the launch of an anti-trust investigation into...

Digital Renminbi Makes Its Debut on Renmin University Campus

Ongoing trials of China's Digital Renminbi have brought the central bank digital currency to one of the country's most prestigious tertiary institutions....