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BOC Guangzhou Reportedly Enforces New Mortgage Rate at 3%
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The staff at BANK OF CHINA (03988.HK)(601988.SH) in Guangzhou disclosed that the branch received a notice that the new mortgage rate cannot be lower than 3%, according to a report in bkeconomy.com.

Effective today (7th), the new mortgage rate in Guangzhou will be purportedly 3%. Before the adjustment, the lowest mortgage rate was 2.9%.

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