September 30, 2024 at 03:52PM
As promised last week, China has lowered the downpayment ratio for first-time home buyers to 15% while the ratio for second homes has been lowered to 20%.
This isn’t a new announcement, it’s the confirmation of government reports from last week.
This article was written by Adam Button at www.forexlive.com.
China delivers on plege to lower downpayments for homes