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Mortgage rates continued to decline in September, reaching as low as 86 cities.

Moomoo 24/7 ·  {{timeTz}}


KE Holdings Inc. Research Institute released data on mainstream mortgage interest rates in key cities: in September 2022, the interest rates for first home loans and second home loans in the 103 key cities monitored by KE Holdings Inc. Research Institute were 4.15% and 4.91%, respectively, down 17 and 15 basis points from the previous month. The average lending cycle this month is 25 days, which is basically the same as last month. Affected by the reduction of LPR for more than five years on August 22nd, the interest rates of mortgage loans in all cities were cut in September. As of September 19, the mainstream interest rates of mortgage loans in 86 cities were as low as 4.10% for the first set and 4.90% for the second set.

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