Mortgage rates in Beijing and other big Chinese cities have been going up in tandem with property prices, which the government is struggling to contain. Photo: Simon Song

Home loan rates for first-time buyers rise as Beijing tries to curb property market

Banks have started charging up to 130 per cent of the benchmark interest rate

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Mortgage rates in Beijing and other big Chinese cities have been going up in tandem with property prices, which the government is struggling to contain. Photo: Simon Song
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