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Daily summary of real estate industry news (2024-07-24)
It was reported that some banks in Shanghai have started to lower their mortgage interest rates. The interest rate for the first home loan has been reduced to 3.4%, and the interest rate for the second home loan is as low as 3.6%. "The latest mortgage interest rates have started to be implemented now. The first home loan interest rate is 3.4%; As for the second home loan, the mortgage rate in the urban area is 3.8%, and the mortgage rate in the Free Trade Zone Lingang New Area, Jiading, Qingpu, Songjiang, Fengxian, Baoshan, and Jinshan districts is 3.6%."
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