The regulation of Hefei property market continues to tighten, and major banks have also raised loan interest rates to prevent and control risks. Up to now, the interest rate of the first home loan of major banks in Hefei has risen by the lowest 10%, and the interest rate of the second home loan has basically risen by 20%, of which the interest rate of the second home loan of ICBC has risen by 25%. Some banks implement floating interest rates, with the first suite interest rate rising by 10- 15% and the second suite interest rate rising by 15-20%.

The loan interest rate is the interest rate charged by banks and other financial institutions to borrowers when they issue loans.