Rates are still low, therefore mortgage refinancing and… is still very active.

利率仍处于低位，因此抵押贷款再融资… … 仍非常活跃。

Lower interest rates would make new mortgages more affordable, although they would be of little immediate assistance to existing borrowers, since mortgage refinancing is difficult in China.

较低的利率将使新抵押贷款更容易负担，尽管它们对现有借款人几乎没有什么直接帮助，因为抵押贷款再融资在中国很困难。