The MinistryofHousingand Urban-Rural Development said it will continue with policies design to prevent over-investment from real estate investors next year.
Mortgage rates for housing provident fund loans of more than five years have fallen to 4.70% from 4.90%, the MinistryofHousingand Urban-Rural Development said Friday.
Officials from the MinistryofHousingand Urban Rural Development have said the government will support owners looking to upgrade as well as first-time buyers, raising the prospect they will get better access to mortgage loans.