China to apply tighter second mortgage rules to non-residents

China will apply its tighter second-home mortgage policies to loan applicants who fail to provide proof of at least one year of local social security contributions or tax payments, the government said.

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What happens next for mortgage lenders after the Fed rate cut? 

The Federal Reserve did something this week it hadn’t done in more than four years when it lowered the federal funds rate by half a percentage point. But for mortgage industry professionals hampered by fewer sales opportunities since the Fed’s streak of rate hikes began in March 2022, will this be the start of better days?

3d rendering of a row of luxury townhouses along a street

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