2. The second set of personal housing provident fund loan interest rate policy remains unchanged, that is, the personal housing provident fund loan interest rate for less than five years (including five years) is 3.025%, and the personal housing provident fund loan interest rate for more than five years is 3.575%.
May 24(th)
Before the release of LPR's new quotation, second-and third-tier cities such as Tianjin, Jinan, Qingdao, Zhengzhou, Suzhou, Kunming, Chongqing and Shenyang have lowered their mortgage interest rates, and many cities have mortgage interest rates of 4.4%. After the implementation of the policy of LPR reduction 15 basis points for more than five years, banking institutions in Tianjin, Zhengzhou and other regions quickly followed suit and began to implement the first home loan interest rate of 4.25%.
May 15
In order to adhere to the positioning that houses are used for living, not for speculation, fully implement the long-term real estate mechanism, support local governments to improve real estate policies according to local conditions, support rigid and improved housing demand, and promote the stable and healthy development of the real estate market, in accordance with the relevant arrangements of the State Council, the relevant matters concerning differentiated housing credit policies are hereby notified as follows:
1. For households who purchase ordinary self-occupied housing by loans, the lower limit of the interest rate of the first set of commercial personal housing loans is adjusted to not less than the quoted interest rate in the loan market for the same period minus 20 basis points, and the lower limit of the interest rate policy of the second set of commercial personal housing loans is implemented according to the existing regulations.
Second, on the basis of unifying the lower limit of the loan interest rate nationwide, the People's Bank of China and the agencies dispatched by the China Banking Regulatory Commission guide the self-discipline mechanism of interest rate pricing in provincial markets in accordance with the principle of "making policies according to the city", and independently determine the lower limit of the interest rate of the first and second sets of commercial personal housing loans in cities within their jurisdiction according to the changes in the real estate market situation of each city and the regulatory requirements of the city government.
Prior to this, the lower limit of interest rate implemented at the national level was that the interest rate of the first home loan should not be lower than the LPR of the same period, and the interest rate of the second home loan should not be lower than the LPR plus 60 basis points. After the policy adjustment, the interest rate of the first home loan shall not be lower than 4.4% according to the LPR for more than five years released on April 20.