The framework also places minimum down payment ratios, mortgage rates and real estate loan concentration limits within a dedicated macroprudential regime. The People’s Bank of China and relevant authorities will use these established tools countercyclically in response to property market conditions and financial risks.
2026-08-28Central Bank of the Republic of China
People’s Bank of China and National Financial Regulatory Administration overhaul real estate credit rules, extend mortgages to 40 years
The People’s Bank of China and the National Financial Regulatory Administration have overhauled real estate credit rules, introducing a lead-bank model and ring-fenced project funding. Personal mortgage terms may extend to 40 years, while loans for presold homes may be disbursed only after project completion filing.