{"id":9745,"date":"2021-05-22T00:45:06","date_gmt":"2021-05-22T00:45:06","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=9745"},"modified":"2021-05-22T00:45:06","modified_gmt":"2021-05-22T00:45:06","slug":"chinese-banks-raise-mortgage-rates-helping-to-rein-in-runaway-prices-that-puts-housing-affordability-further-out-of-reach","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=9745","title":{"rendered":"Chinese banks raise mortgage rates, helping to rein in runaway prices that puts housing affordability further out of reach"},"content":{"rendered":"<p>Source: South China Morning PostCommercial banks across several Chinese cities have begun raising their mortgage rates, as they increase the cost of buying homes to help the government keep a lid on speculative buying that is fuelling a runaway housing bubble.<\/p>\n<p>In southern China\u2019s technology metropolis Shenzhen, nine banks followed China Construction Bank in raising the mortgage rate for first-time buyers by 15 basis points to 5.1 per cent, while second-home buyers have to pay 5.6 per cent for loans, up 35 basis points.<\/p>\n<p>Even\u2026<a href=\"https:\/\/www.scmp.com\/business\/article\/3134425\/chinese-banks-raise-mortgage-rates-helping-rein-runaway-prices-puts\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: South China Morning PostCommercial banks across several Chinese cities have begun raising their mortgage rates, as they increase the cost of buying homes to help the government keep a&hellip; <\/p>\n","protected":false},"author":0,"featured_media":9746,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/9745"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9745"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/9745\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/media\/9746"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9745"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9745"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9745"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}