Rong360 Jianpu Technology(NYSE:JT) National Average Mortgage Rate Decreased by 22 BPs YoYPosted by On


Graph1-National Average First-home and Second-home Mortgage Rate Trend in the Last 12 Months (Total Number of Samples´╝Ü674)

Graph 2 – Tier-1 Cities’ Average First-home Mortgage Rates on a MoM basis

Graph 3 -Average First-home Mortgage Rates among Tier-2 Cities (MoM)

Rong360 Jianpu Technology (NYSE:JT)

BEIJING, BEIJING, CHINA, September 4, 2020 /EINPresswire.com/ —

Mortgage Rate: National Mortgage Rate Volatility Tends to Be Flat; The Rate Posting a Decrease of 22 BPs on a Year-over-Year (YoY) Basis

According to surveillance data from Rong360 Big Data Research Institute across 674 bank branches and sub-branches in 41 major cities, the national average mortgage rate for first-time homebuyers was 5.25% in August 2020 (with data in statistics collected from July 20, 2020 to August 18, 2020), posting a decrease of 1 basis point (BP) on a month-on-month (MoM) basis. For second-time homebuyers, the average mortgage…

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