Beijing Bans One-Person Households From Buying Second Homes

The measures come a month after former Premier Wen Jiabao, during his last days in office, ordered the central bank to raise down-payment requirements for second mortgages in cities with excessive price gains and told local governments with the biggest price pressures to tighten home-purchase limits.

Source: http://ml-implode.com/staticnews/2013-03-30_BeijingBansOnePersonHouseholdsFromBuyingSecondHomes.html

low mortgage rates jumbo lenders compare rates mortgage