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Workers are working at a real estate construction site in Wanxiang City, Huai 'an City, East China's Jiangsu province, May 17, 2024. On the same day, the People's Bank of China and the State Financial Regulatory Administration jointly issued a notice that the minimum down payment ratio of first and second home loans will be lowered to no less than 15% and no less than 25%, respectively.
Workers are working at a real estate construction site in Wanxiang City, Huai 'an City, East China's Jiangsu province, May 17, 2024. On the same day, the People's Bank of China and the State Financial Regulatory Administration jointly issued a notice that the minimum down payment ratio of first and second home loans will be lowered to no less than 15% and no less than 25%, respectively.
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