Friday, February 25, 2011

Five Beijing Banks End Mortgage Discounts, China Securities Journal Says

Five banks in Beijing stopped giving discounts on the benchmark interest rate for mortage loans to buy first homes, the China Securities Journal reported today, citing unidentified bank officials.

Source: http://www.bloomberg.com/news/2011-02-23/five-beijing-banks-end-mortgage-discounts-china-securities-journal-says.html

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