After the conversion of the pricing benchmark, the interest rate of the first set of new individual housing loans in China shall not be lower than the corresponding term LPR (according to the LPR of more than five years on August 20, 4.85%); The interest rate of two sets of personal housing loans shall not be lower than the corresponding period LPR plus 60 basis points (calculated as 5.45% according to the LPR of five years or more on August 20), which is basically equivalent to the actual minimum interest rate of personal housing loans in China at present.
At the same time, the branches of the People's Bank of China will guide the provincial market interest rate pricing self-discipline mechanism to determine the local LPR lower limit in time. The added value shall meet the requirements of national and local housing credit policies, reflect the loan risk and be fixed during the contract period. Compared with before the reform, the interest expenses of households applying for individual housing loans are basically unaffected.
Extended data:
The relevant requirements of commercial individual housing loans stipulate:
1. Personal housing loan interest rate is an integral part of the loan interest rate system. In the process of reforming and perfecting the formation mechanism of LPR, the pricing benchmark of individual housing loans also needs to be changed from the loan benchmark interest rate to LPR to better play the role of the market. At the same time, the personal housing loan interest rate is also an important part of the long-term management mechanism of the real estate market and the regional differentiated housing credit policy.
2. The lending bank needs to modify the loan contract, upgrade the system, organize employee training, and at the same time do a good job of publicity and explanation to customers in various ways to ensure the smooth and orderly conversion process. /kloc-0 Before June 8, 0, the loans that have been issued, signed but not issued are still executed according to the original contract.
The Central People's Government-Central Bank announced that it will adjust the interest rate policy of newly issued commercial individual housing loans.