News summary

Hangzhou's existing second-home mortgage interest rate can be converted into the first set of interest ratessicbocasinosite, a number of banks have followed up and implemented, and the qualification recognition of the first suite has been adjusted to "district-based".

Newsletter text

[Hangzhou Real Estate 5sicbocasinosite.9 New Deal triggers mortgage interest rate adjustment] Hangzhou Daily reported that local eligible second-home mortgage interest rates can be converted into first-home interest rates. This change is a follow-up effect of Hangzhou's Real Estate 5.9 New Deal, which aims to simplify the first home qualification process.

According to the New Deal, Hangzhou's main city area implements the qualification of the first suite on a district-based basis, that is, as long as there is no house in the area, the newly purchased house can be regarded as the first suite. A number of banks have responded to the new policy. Staff of Agricultural Bank of China Hangzhou Chengdong Branch revealed that relevant rules are currently being formulated. Once they pass the first set of certifications by the Housing and Construction Bureau, customers can enjoy the first set of mortgage interest rates.