Cornerstone Mortgage Group is your full service mortgage company dedicated to finding you the best loan program and mortgage rate for you and your needs. We understand that everyone's circumstances are different and that is why we customized each loan specifically to your unique situation. Whether you are purchasing a new home or refinancing your current one. Our personalized, timely and proactive communication with our clients results in a smooth stress-free experience. Cornerstone has access 90 loan products and hundreds of variations of each to suit your individual circumstances and goals. You can trust in us that we will provide you with the expertise and service to guide you through the entire process.
Falls in Chinese house prices decelerated in March from the previous month, a survey showed Tuesday, after authorities loosened mortgage and tax policies as growth in the world's second-largest economy slows. The average price of a new home in China's 100 major cities edged down 0.15 percent from February to 10,523 yuan ($1,697) per square metre, the China Index Academy (CIA) said in a statement. In a move to support the market, the government on Monday lowered minimum downpayment levels on second homes nationwide, rolling back a four-year-old policy first introduced to try to cool the then red-hot property market as rocketing prices put homes out of the reach of many, raising worries over social unrest. CIA indicated that the loosening was almost as strong as those introduced in 2009 when China's property market took a hit from the global financial crisis.
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