When applying for a personal housing loan, you can negotiate with the bank to agree on the interest rate repricing period. The shortest period is 1 year. On the interest rate repricing date, the pricing benchmark is adjusted to the loan market quotation for the same period in the latest month. The loan contract should specify the interest rate repricing period and adjustment method.
The interest rate of the first set of commercial personal housing loans shall not be lower than the quoted interest rate of the corresponding term loan market, and the interest rate of the second set of commercial personal housing loans shall not be lower than the quoted interest rate of the corresponding term loan market plus 60 basis points.
The provincial branches of the People's Bank of China should guide the self-discipline mechanism of interest rate pricing in the provincial market in accordance with the principle of "making policy according to the city", determine the lower limit of interest rate of the first and second sets of commercial personal housing loans within their jurisdiction on the basis of the unified national credit policy and changes in the local real estate market situation, and reasonably determine the specific value of each loan.