Average mortgage rates in 103 major cities stood at 5.47 per cent in February, 27 basis points down from a peak in September. Photo: Getty Images
Average mortgage rates in 103 major cities stood at 5.47 per cent in February, 27 basis points down from a peak in September. Photo: Getty Images

House hunters in mainland China come off the sidelines as banks lower mortgage rates

  • Home buyers who’ve been biding their time have been taking finally taking the plunge, tempted by big monthly savings
  • Average mortgage rates in 103 major cities stood at 5.47 per cent in February, 27 basis points down from a peak in September

Average mortgage rates in 103 major cities stood at 5.47 per cent in February, 27 basis points down from a peak in September. Photo: Getty Images
Average mortgage rates in 103 major cities stood at 5.47 per cent in February, 27 basis points down from a peak in September. Photo: Getty Images
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