1. The current benchmark interest rate implemented by banks is: 4.35 for loans of less than one year (including one year) and 4.75 for one to five years (including five years) and 4.90 for loans over five years. Banks will also follow this base interest rate.

2. The current benchmark interest rate for commercial loans with a loan term of more than 5 years is 4.90. Due to the impact of the purchase restriction and loan restriction policy, banks in various regions have different adjustments to the interest rates for first home loans. The latest data from the Bank Information Port shows: the first in the country The average interest rate for suites is 5.38, with interest rates generally rising by 5-20. The interest rates for second home loans generally rise by 10-30%. During the same period, the benchmark interest rate for provident fund loans was 3.25, and the interest rates for second home loans generally increased by 10%. The second house is defined based on the borrower's family (including the borrower, spouse and minor children) as a unit to determine the number of mortgage loans. Families that have used provident fund loans or commercial loans to purchase a house and apply for a mortgage again will be regarded as the second house.

Legal provisions:

"Housing Provident Fund Management Regulations":

Article 26

Employees who contribute to housing provident funds, When purchasing, constructing, renovating or overhauling a self-occupied house, you can apply for a housing provident fund loan from the Housing Provident Fund Management Center. The Housing Provident Fund Management Center shall make a decision on whether to grant a loan or not within 15 days from the date of accepting the application, and notify the applicant; if the loan is granted, the entrusted bank shall handle the loan procedures. The risks of housing provident fund loans are borne by the housing provident fund management center.