According to official website, the People's Government of Xi, the interest rate of Xi's first individual housing provident fund loan is 2.6% (loan period is less than 5 years) and 3. 1% (loan period is more than 5 years). It means buying a house for the first time and applying for a provident fund loan. If the loan term is less than 5 years, you can enjoy the interest rate of 2.6%. The loan term is more than 5 years and the interest rate is 3. 1%. The interest rate adjustment aims to provide more attractive loan conditions and help residents buy their own houses.