Reports that China is considering easing mortgages – to help the property sector

<p>Chatter about the place, no further details at this stage but if true would be supportive of risk assets at the margin. </p><p>The aim would be to spur residential property buying to help prop up the troubled sector.</p><p>Added – ok here we go, a little more (info via Bloomberg, gated):</p><ul><li>Regulators are weighing scrapping rules that disqualify people who’ve ever had a mortgage – even if fully repaid – from being considered a first-time homebuyer in major (tier-1) cities</li><li>Currently homebuyers with a mortgage record who don’t own a property are still subject to the higher down-payment and more restrictive borrowing limits applied to those buying a second home.</li></ul>

This article was written by Eamonn Sheridan at www.forexlive.com.