Summary
[Hangzhou housing loan tightens, second-hand housing market tends to cool down]Following the news that many banks have raised interest rates on housing loans, Hangzhou has recently reported that it has stopped lending to second homes. On June 23, a number of local intermediaries in Hangzhou told reporters that “some banks have stopped lending to second homes.” Another Hangzhou market person revealed that the Hangzhou branch of the Bank of Nanjing is among the ranks of the second home loan suspension. The staff of the Hangzhou Construction Bank’s credit department told reporters that they have not received any documents on the suspension of loans for the second home. If you have selected a house, you can speed up the operation process, “because the system is no longer making loans these days.” (China Business News)
Following manybankMortgageinterest rateAfter the news of the increase, Hangzhou has recently reported that it has suspended lending to the second home. On June 23, a number of local intermediaries in Hangzhou told reporters, “SomebankIt is the suspension of loans to the second house.” Another Hangzhou market person revealed thatBank of NanjingHangzhou branch is in the ranks of the second home loan suspension.Hangzhou Construction BankCreditThe staff of the department told reporters that they have not received any documents concerning the suspension of loans for the second home. If you have selected a house, you can speed up the operation process, “because the system is no longer making loans these days.”
(Source: China Business News)
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