TREE NEWS update: Wuhan’s housing authority, with multiple departments, issued a notice relaxing rules on using housing provident funds to repay commercial mortgages on first homes. The previous 12-month withdrawal interval is lifted. Borrowers can now apply after six months of regular repayment and withdraw monthly thereafter, with cumulative withdrawals capped at the loan amount.
Wuhan Eases Housing Provident Fund Repayment Frequency
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