The average interest rate for first home loans continued to decline steadily in January, following a 0.53% month-on-month decrease in December, Yicai.com reported.
The average lending rate for first home buyers in January was 5.66% nation-wide, which is 1.155 times the benchmark interest rate, decreasing by 0.35% from December, according to data released by Rong360 Big Data Institute.
For first-tier cities including Beijing, Shanghai, Guangzhou and Shenzhen, the rate of first home loans were in the range of 5.09% to 5.57%.
However, second-tier cities saw a large correction. For example, in Tianjin, many banks cut mortgage interest rates, and lowered first home loan rates to 5% above the benchmark interest rate, compared to the previous 15% above the benchmark.
It is expected that more cities will see a downward adjustment of their first home lending rate, and the decrease will vary from city to city, said Li Weiyi, analyst at Rong360.

Marvelous, what a blog it is! This website provides valuable data to us, keep it up.|
I like the valuable information you provide in your articles. I’ll bookmark your weblog and check again here regularly. I am quite sure I will learn a lot of new stuff right here! Best of luck for the next!|
May I simply say what a comfort to find somebody who truly knows what they are discussing on the net. You certainly realize how to bring an issue to light and make it important. More people have to look at this and understand this side of the story. I was surprised you aren’t more popular since you most certainly have the gift.|
When some one searches for his necessary thing, so he/she desires to be available that in detail, thus that thing is maintained over here.|
What i do not realize is if truth be told how you’re not actually a lot more well-appreciated than you might be now. You are so intelligent. You recognize therefore considerably on the subject of this topic, made me in my view believe it from so many various angles. Its like men and women don’t seem to be interested unless it’s one thing to do with Woman gaga! Your personal stuffs outstanding. At all times deal with it up!|
We are a group of volunteers and opening a new scheme in our community. Your site offered us with valuable information to work on. You’ve done an impressive job and our whole community will be grateful to you.|
It is actually a great and helpful piece of info. I’m satisfied that you simply shared this useful info with us. Please keep us up to date like this. Thanks for sharing.|
What’s up to all, how is all, I think every one is getting more from this website, and your views are nice for new viewers.|
I’m gone to convey my little brother, that he should also visit this web site on regular basis to obtain updated from latest news update.|
wonderful submit, very informative. I ponder why the opposite experts of this sector don’t realize this. You must continue your writing. I’m confident, you’ve a huge readers’ base already!|
Hello, its fastidious post concerning media print, we all be aware of media is a wonderful source of data.|
Thanks for finally writing about > blog_title < Liked it!|
Way cool! Some extremely valid points! I appreciate you writing this post and the rest of the site is very good.|
I got this website from my pal who told me concerning this website and now this time I am visiting this site and reading very informative posts at this place.|
Hey very nice blog!|
Hey just wanted to give you a quick heads up. The words in your content seem to be running off the screen in Opera. I’m not sure if this is a format issue or something to do with web browser compatibility but I figured I’d post to let you know. The layout look great though! Hope you get the issue solved soon. Cheers|
Hi there, just became alert to your blog through Google, and found that it is really informative. I’m gonna watch out for brussels. I will appreciate if you continue this in future. A lot of people will be benefited from your writing. Cheers!|
Today, I went to the beach with my children. I found a sea shell and gave it to my 4 year old daughter and said “You can hear the ocean if you put this to your ear.” She put the shell to her ear and screamed. There was a hermit crab inside and it pinched her ear. She never wants to go back! LoL I know this is totally off topic but I had to tell someone!|
What’s up friends, how is the whole thing, and what you want to say regarding this paragraph, in my view its genuinely amazing designed for me.|
Hey there! Do you use Twitter? I’d like to follow you if that would be ok. I’m definitely enjoying your blog and look forward to new updates.|