The lower limit of the first home loan interest rate refers to the lower limit of the first home loan interest rate stipulated by the People's Bank of China (China Central Bank). This lower limit is to support residents' demand for first-time home purchase, reduce the cost of home purchase, and thus promote the healthy development of the real estate market.

In China, the first home loan refers to the housing loan applied for when purchasing the first home. For the first home loan, China Bank will set a minimum loan interest rate, and the loan interest rate cannot be lower than this lower limit when commercial banks issue loans.

It should be noted that this lower limit is not a fixed value and will be adjusted with the change of market environment. The People's Bank of China will dynamically adjust the lower limit of the first home loan interest rate according to the real estate market situation, credit policy and other factors.

For buyers, the adjustment of the lower limit of the first home loan interest rate will affect their purchase cost. If the lower limit of interest rate is lowered, buyers can enjoy lower loan interest rate, thus reducing the cost of buying a house; The lower limit of interest rate will increase, and the loan cost of buyers will also increase accordingly. Therefore, it is very important for residents who intend to buy a house to know the latest situation of the lower limit of the first home loan interest rate.