China’s six largest banks saw outstanding personal mortgage loans fall by about 700 billion yuan to over 25 trillion yuan at end-2025, according to annual reports. The decline was partly driven by borrowers accelerating repayments to reduce interest costs, while banks faced contracting mortgage books and rising non-performing loan ratios. Executives said new mortgage applications have shown signs of recovery this year, indicating early stabilization in the property market, China Securities Journ

China’s six largest banks saw outstanding personal mortgage loans fall by about 700 billion yuan to over 25 trillion yuan at end-2025, according to annual reports. The decline was partly driven by borrowers accelerating repayments to reduce interest costs, while banks faced contracting mortgage books and rising non-performing loan ratios. Executives said new mortgage applications have shown signs of recovery this year, indicating early stabilization in the property market, China Securities Journal reported.