News broke that Shanghai will introduce a new property market policy, including that the minimum down payment for the first home in non-core regions will be reduced from 30% to 20%; the down payment for the second home in the core area will be reduced from 50% to 40%; the three-year limit for divorce traceability will be changed to a 1-year limit; interest rates on commercial loans for the first home and second home will be reduced to 3.45% and 3.75%, respectively; and interest rates on provident fund loans for five years or more will be adjusted to 2.6%. In response to this information, the Blue Whale reporter called the Housing Security and Housing Administration Bureau in Jinshan District and Yangpu District of Shanghai, and the personal loan centers of various banks in Shanghai. The relevant staff all said “no notice has been received.” Furthermore, the Shanghai Provident Fund Management Center responded by “maintaining the original policy.” (Blue Whale Finance)
网传上海将出台楼市新政 多方回应称“未接到通知”
Internet rumor has it that Shanghai will introduce a new property market policy, and many parties respond that “no notice has been received”
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