China's outstanding property loans up 6% y/y as of end-Q1 - central bank

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BEIJING : China's outstanding property loans rose 6 per cent year-on-year as of the end of the first quarter, the country's central bank said in a statement on Friday.The interest rate for new individual mortgages was 5.42 per cent in March, down 17 basis points from the beginning of the year, said the ce

BEIJING : China's outstanding property loans rose 6 per cent year-on-year as of the end of the first quarter, the country's central bank said in a statement on Friday.

The interest rate for new individual mortgages was 5.42 per cent in March, down 17 basis points from the beginning of the year, said the central bank.

 

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