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Beijing seven banks on mortgage interest rate hit 85 percent

From the Bank was informed that at present in Beijing, Bank of China, the agricultural Bank of China and CITIC Bank (601998), Huaxia Bank (600015), China Merchants Bank, Bank of Beijing (601169) and 7 banks such as postal savings bank mortgage lowest rate of 85 percent. Huaxia Bank Beijing Branch told reporters that bank first home loan interest rates are gradually relaxed. This year, the market regulation relaxation obvious signs, commercial first mortgage rates decline, from 1.1 times the benchmark years ago reduced to 85 percent discount.