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In October, lending rates remained historically low, and personal mortgage growth improved

On November 11, the reporter learned from the People's Bank of China that the weighted average interest rate of newly issued corporate loans in October was about 3.5%; the interest rate of newly issued personal housing loans was about 3.15%, both at historically low levels. In addition, the scale of personal housing loans stabilized in October, which was significantly better than the average monthly decrease of 69 billion yuan in the first nine months and the level of the same period in the previous two years. It shows that the growth of personal housing loans has improved.