Mortgage interest rates in Guangzhou have generally been reduced. The interest rate for the first set has generally dropped from around 5.85 (LPR 120BP) to around 5.65 (LPR 100BP), while the interest rate for the second set has dropped from around 6.05 (LPR 140BP) to around 5.85 (LPR 120BP).

Extended information:

How to buy a house with a loan;

1. Housing provident fund loan: For residents who have participated in paying the housing provident fund, when purchasing a house with a loan, Housing provident fund low-interest loans should be your first choice. Housing provident fund loans have a policy subsidy nature, and the loan interest rate is very low. It is not only lower than the commercial bank loan interest rate in the same period (only half of the commercial bank mortgage loan interest rate), but also lower than the commercial bank deposit interest rate in the same period. That is to say, under the housing provident fund, There is a spread between mortgage rates and bank deposit rates. At the same time, the fees for housing provident fund loans are halved when handling related procedures such as mortgage and insurance.

2. Personal housing commercial loans: The above two loan methods are limited to employees of units who have paid housing provident funds, and there are many restrictions. Therefore, people who have not paid housing provident funds are not eligible to apply for loans, but they can apply. Commercial bank personal housing guaranteed loans, that is, bank mortgage loans. As long as the balance of your deposit in the lending bank accounts for no less than 30% of the funds required to purchase a house, and you use this as the down payment for purchasing a house, and you have assets recognized by the lending bank as mortgage or pledge, or a unit with sufficient repayment capacity Or if an individual acts as a guarantor to repay the principal and interest of the loan and assumes joint and several liability, then he or she can apply for a bank mortgage loan.

3. Personal housing portfolio loan: The maximum limit of provident fund loans that can be issued by the housing provident fund management center is generally 100,000 to 290,000 yuan. If the purchase price exceeds this limit, the shortfall must be applied to the bank for housing commercialization loan. Together, these two loans are called a portfolio loan. This business can be handled uniformly by the real estate credit department of a bank. Portfolio loans have moderate interest rates and larger loan amounts, so they are often chosen by borrowers.