It is a signal to individual borrowers who may have not taken overdue payments seriously due to the small penalty. |
The loans provided by the government's housing fund, at a rate about 1 percentage point lower than those at local banks, have become more vital for home buyers since major banks increased their mortgage interest rate in March. |
When other investment channels are absent, increasing the mortgage limit for house buyers has become the only way to make good use of the capital. |