In 2023, the benchmark loan interest rate announced by the People's Bank of China is: 4.35 for one-year period (including one year), and 4.75 for one- to five-year periods (including five years). The current benchmark interest rate for commercial loans is 4.90, and the loan term exceeds 5 years. Due to purchase and loan restriction policies, banks in various regions have different adjustments to first home loan interest rates. The national average interest rate for first-time buyers is 5.38, with interest rates generally rising by 5-20. Interest rates for second-home loans generally rise by 10-30%.

The benchmark interest rate for provident fund loans is: 2.75 for loans with a term of less than five years (inclusive), 3.25 for provident fund loans with more than five years, and interest rates for second-home loans generally rise by 10. The base interest rate for new loans announced by the People's Bank of China shall be based on the latest interest rate announced by the People's Bank of China.