Beijing’s New Real Estate Stimulus: Homeowners Can Refinance at Lower Rates

China’s central bank announced a policy allowing mortgage refinancing at lower rates, aiming to revitalize the struggling real estate sector. This move aims to stimulate the housing market and boost the world’s second-largest economy. The policy, set to take effect on November 1, 2024, marks a departure from previous practices. Homeowners can now negotiate with […]

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