202 1, Guangzhou mortgage interest rate has achieved five "price increases" in just a few months.
1 At the end of the year, the interest rate for the first home loan and the second home loan was 5.2% and 5.44% respectively.
After Tomb-Sweeping Day, the three major state-owned banks, China Agricultural Bank and China Industrial and Commercial Bank, raised the price of personal mortgage loans in this city. After the first home loan interest rate was adjusted, the interest rate became 5.3% and the second home loan interest rate became 5.5%.
At the end of April and the beginning of May, many banks, including state-owned banks, raised mortgage interest rates again, with the first home loan interest rate adjusted to 5.40% and the second home loan interest rate adjusted to 5.6%.
On June 25th, the mortgage interest rates of ICBC, China Construction Bank, Bank of Communications and Postal Savings Bank were raised to 5.55% for the first set and 5.75% for the second set.
In mid-August, the first home loan interest rate was adjusted to 5.85%, and the second home loan interest rate was adjusted to 6.05%.