China Mortgage/Loan Brokers Market is Segmented by Type of Mortgage Loan (Conventional Mortgage Loan, Jumbo Loan, Government-Insured Mortgage Loan, Other Types of Mortgage Loan), by Mortgage Loan Terms (30-Year Mortgage, 20- Year Mortgage, 15-Year Mortgage, Others), by Interest Rate (Fixed-Rate Mortgage Loan, Adjustable-Rate Mortgage Loan) and by Provider (Primary Mortgage Lender, Secondary Mortgage Lender). The Report Offers Market Size and Forecasts for the China Mortgage/Loan Brokers Market in Value (USD) for all the Above Segments.

In 2023, the value of personal housing loans in China amounted to 38.17 trillion yuan, representing a slight drop of 1.6 percent compared to the previous year. The overall value of outstanding mortgages more than doubled between 2016 and 2021 before it plateaued afterwards.

A key factor to the growth of the real estate market China's personal housing loan market emerged in the 1990s in tandem with the marketization of the country's real estate sector. Its subsequent expansion also mirrored the growth in the property industry. Thanks to the dramatic rise in home prices across China since the early 2000s, substantial capital has poured into the market through real estate development loans and personal housing credits. For almost two decades, many Chinese middle class citizens accumulated their personal wealth through the considerable appreciation of their properties, which they financed with the help of mortgages.

Risks The persistently high level of outstanding personal mortgage is becoming increasingly concerning amidst China’s current economic and market situation. With the country’s economic slowdown and the oversupply in the property sector, the housing market is losing steam, resulting in elevated risks of bad debts to financial institutions. At the same time, the household debt in China is now staying above 60 percent of the country’s GDP, undermining the ability to consume and invest in the Chinese population.

The China home mortgage finance market is segmented by type of lender (banks and house provident funds [HPF]), by financing option (personal new housing loan, personal second-hand housing loan, and personal housing provident fund (portfolio) loan), and by type of mortgage (fixed and variable). The report offers market size and forecasts for the China Home mortgage finance market in value (USD million) for all the above segments.

In the third quarter of 2023, the value of real estate housing mortgages in China was over 40 trillion yuan. Within two years, the value had increased by around six trillion yuan. Despite being aware of the risks entailed in an inflated market, Chinese policymakers found it difficult to reign in the real estate market. The industry made up a large share of China's economy.

China Loan: Real Estate Housing Mortgage: Individual: Residential data was reported at 37,680.000 RMB bn in Dec 2024. This records an increase from the previous number of 37,560.000 RMB bn for Sep 2024. China Loan: Real Estate Housing Mortgage: Individual: Residential data is updated quarterly, averaging 21,943.973 RMB bn from Dec 2007 (Median) to Dec 2024, with 57 observations. The data reached an all-time high of 38,940.000 RMB bn in Mar 2023 and a record low of 2,696.833 RMB bn in Dec 2007. China Loan: Real Estate Housing Mortgage: Individual: Residential data remains active status in CEIC and is reported by The People's Bank of China. The data is categorized under China Premium Database’s Money and Banking – Table CN.KB: Loan: Real Estate Related Loan.

Lower Limit of First Home Mortgage Rate: above LPR: Beijing data was reported at -0.450 % Point in 25 Mar 2025. This stayed constant from the previous number of -0.450 % Point for 24 Mar 2025. Lower Limit of First Home Mortgage Rate: above LPR: Beijing data is updated daily, averaging 0.550 % Point from Oct 2019 (Median) to 25 Mar 2025, with 1996 observations. The data reached an all-time high of 0.550 % Point in 25 Jun 2024 and a record low of -0.450 % Point in 25 Mar 2025. Lower Limit of First Home Mortgage Rate: above LPR: Beijing data remains active status in CEIC and is reported by The People's Bank of China. The data is categorized under China Premium Database’s Money Market, Interest Rate, Yield and Exchange Rate – Table CN.MA: Lower Limit of First Home Mortgage Rate: Prefecture Level City. After adjustment on December 15, 2023: the lower limits of the first and second sets of interest rate policies in the six districts of the city are respectively no less than the market quoted interest rate for loans of the corresponding period plus 10 basis points, and no less than the market quoted interest rate for loans of the corresponding period plus 60 basis points; The lower limits of the first and second sets of interest rate policies in the six non-urban districts are not lower than the market quoted interest rate for loans of the corresponding period, and not lower than the market quoted interest rate for loans of the corresponding period plus 55 basis points.

The benchmark interest rate in China was last recorded at 3.10 percent. This dataset provides the latest reported value for - China Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Macau SAR (China) Mortgage Loan: Value: PT: MOP 999,999 and below data was reported at 26,000.000 MOP th in Dec 2023. This records an increase from the previous number of 19,000.000 MOP th for Sep 2023. Macau SAR (China) Mortgage Loan: Value: PT: MOP 999,999 and below data is updated quarterly, averaging 128,734.500 MOP th from Mar 2011 (Median) to Dec 2023, with 52 observations. The data reached an all-time high of 643,000.000 MOP th in Dec 2020 and a record low of 19,000.000 MOP th in Sep 2023. Macau SAR (China) Mortgage Loan: Value: PT: MOP 999,999 and below data remains active status in CEIC and is reported by Statistics and Census Service. The data is categorized under Global Database’s Macau SAR (China) – Table MO.KB005: Mortgage Loan.

As of mid-November 2020, the average interest rate for a personal housing loan in Chengdu was 5.93 percent which was the highest interest rate in the country. Compared to that, the lowest interest rate was in Shanghai with 4.69 percent. On a national average, the interest rate was 5.24 percent for purchasing a first house and 5.54 for purchasing a second one.

China Home Loan Market By Size, Share, Trends, Growth, Forecast 2028, Segmented By Type, By End User, By Tenure Period, By Region, Competition Forecast and Opportunities

Macau Mortgage Loan: Number of Transaction: MOP 2,000,000 to 2,999,999 data was reported at 225.000 Unit in May 2018. This records an increase from the previous number of 206.000 Unit for Apr 2018. Macau Mortgage Loan: Number of Transaction: MOP 2,000,000 to 2,999,999 data is updated monthly, averaging 206.000 Unit from Sep 2011 (Median) to May 2018, with 81 observations. The data reached an all-time high of 370.000 Unit in Jun 2016 and a record low of 61.000 Unit in Jan 2012. Macau Mortgage Loan: Number of Transaction: MOP 2,000,000 to 2,999,999 data remains active status in CEIC and is reported by Statistics and Census Service. The data is categorized under Global Database’s Macau – Table MO.KA005: Mortgage Loan.

As of the end of 2019, the value of outstanding mortgages of China Construction Bank amounted to 5.4 trillion yuan which accounted for over 17 percent of all outstanding mortgages in the country. In China, commercial banks and house provident funds (HPF) provide mortgage loans. The leading six banks accounted for around 75 percent of all residential mortgages.

The value of mortgages in China increased by 11 percent in 2021. This was significantly lower than in 2018 when housing loans increased by 18 percent. The overall mortgage balance in China amounted to 38 trillion yuan.

Loan Prime Rate 5Y in China remained unchanged at 3.60 percent in March. This dataset includes a chart with historical data for China Loan Prime Rate 5Y.

Hong Kong HK: Residential Mortgage: Value: Outstanding Loans (OL) data was reported at 1,289,396.000 HKD mn in Sep 2018. This records an increase from the previous number of 1,277,007.000 HKD mn for Aug 2018. Hong Kong HK: Residential Mortgage: Value: Outstanding Loans (OL) data is updated monthly, averaging 634,292.500 HKD mn from Dec 2000 (Median) to Sep 2018, with 214 observations. The data reached an all-time high of 1,289,396.000 HKD mn in Sep 2018 and a record low of 518,724.000 HKD mn in Feb 2001. Hong Kong HK: Residential Mortgage: Value: Outstanding Loans (OL) data remains active status in CEIC and is reported by Hong Kong Monetary Authority. The data is categorized under Global Database’s Hong Kong SAR – Table HK.KB006: Residential Property Loans: Residential Mortgage Survey: Value.

China's Car Loan Market Report is Segmented by Product (Passenger Vehicle, Commercial Vehicle), by Ownership (New Vehicles, Used Vehicle), by Provider Type (Banks, NBFCs (Non-Banking Financials Companies), Credit Unions, Other Provider Types (Fintech Companies)), by Tenure (Less Than Three Years, 3-5 Years, More Than 5 Years). The Report Offers Market Size and Forecasts for the China Car Loan Market in Terms of Revenue (USD) for all the Above Segments.

Lower Limit of First Home Mortgage Rate: above LPR: Shanghai data was reported at -0.450 % Point in 26 Nov 2024. This stayed constant from the previous number of -0.450 % Point for 25 Nov 2024. Lower Limit of First Home Mortgage Rate: above LPR: Shanghai data is updated daily, averaging 0.000 % Point from Oct 2019 (Median) to 26 Nov 2024, with 1877 observations. The data reached an all-time high of 0.350 % Point in 14 Dec 2023 and a record low of -0.450 % Point in 26 Nov 2024. Lower Limit of First Home Mortgage Rate: above LPR: Shanghai data remains active status in CEIC and is reported by The People's Bank of China. The data is categorized under China Premium Database’s Money Market, Interest Rate, Yield and Exchange Rate – Table CN.MA: Lower Limit of First Home Mortgage Rate: Prefecture Level City.

In 2023, the total value of personal housing loans in China dropped by 1.6 percent compared to the previous year, reflecting a significant decline in the demand of the country's real estate market. The absolute value amounted to 38.17 trillion yuan. On the background of inflating real estate loans, the Chinese government introduced a limit on the share of housing loans which commercial banks can hold on their balance sheets.

Mortgage Rate: Average: First Time Buyer: Gansu: Lanzhou data was reported at 5.280 % pa in Jun 2021. This records an increase from the previous number of 5.260 % pa for May 2021. Mortgage Rate: Average: First Time Buyer: Gansu: Lanzhou data is updated monthly, averaging 5.260 % pa from Apr 2021 (Median) to Jun 2021, with 3 observations. The data reached an all-time high of 5.280 % pa in Jun 2021 and a record low of 5.260 % pa in May 2021. Mortgage Rate: Average: First Time Buyer: Gansu: Lanzhou data remains active status in CEIC and is reported by Rong 360 BigData Research Institute. The data is categorized under China Premium Database’s Money Market, Interest Rate, Yield and Exchange Rate – Table CN.MA: Rediscount and Lending Rate: Mortgage. contact us
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China Lending Rate: Weighted Average: Individual Housing Loan data was reported at 3.090 % pa in Dec 2024. This records a decrease from the previous number of 3.310 % pa for Sep 2024. China Lending Rate: Weighted Average: Individual Housing Loan data is updated quarterly, averaging 5.395 % pa from Mar 2009 (Median) to Dec 2024, with 64 observations. The data reached an all-time high of 7.620 % pa in Dec 2011 and a record low of 3.090 % pa in Dec 2024. China Lending Rate: Weighted Average: Individual Housing Loan data remains active status in CEIC and is reported by The People's Bank of China. The data is categorized under China Premium Database’s Money Market, Interest Rate, Yield and Exchange Rate – Table CN.MA: Rediscount and Lending Rate.