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English > Finance&Economy > Finance-Breakingnews>Banks Raise Mortgage Commissions

Banks Raise Mortgage Commissions

05-05 13:19 Caijing

Full article in Chinese: http://www.caijing.com.cn/2009-05-04/110159663.html

»Most banks have increased their real estate commissions from 0.3 percent to as much as 1.5 percent of the mortgage.
»As the real estate market warms up, commercial banks' competition for mortgage clients has become fierce.
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