Core Points - The announcement of a reduction in Beijing's housing provident fund interest rates has been made, effective immediately, with the first home loan rate for over five years decreasing from 2.85% to 2.6%, and the second home loan rate dropping from 3.325% to 3.075% [1][2] - This reduction marks a historical low for provident fund loan rates, significantly decreasing the interest expenses for homebuyers [3] Summary by Sections Interest Rate Changes - The new interest rates for loans issued after May 8, 2025, will be 2.1% for loans of five years or less and 2.6% for loans over five years for first homes, while second home rates will be 2.525% and 3.075% respectively [2] - Both municipal and national provident funds will implement these new rates starting today for new loans [2] Impact on Existing Loans - Existing loans issued before May 8, 2025, will continue to use the original interest rates until January 1, 2026, when the new rates will take effect [4] - The adjustment will be automatic, and borrowers do not need to apply for the new rates [4] - Monthly repayment amounts will not automatically adjust unless borrowers choose to modify them, but overall interest payments will decrease [4]
北京宣布今起下调公积金贷款利率！已有公积金贷款明年1月执行新利率
3 6 Ke·2025-05-08 01:45