公积金贷款利率↓、政策支持力度↑ “升”“降”间进一步激发楼市活力

Core Viewpoint - The People's Bank of China has officially lowered the personal housing provident fund loan interest rate by 0.25 percentage points, which is expected to lead to a decrease in the Loan Prime Rate (LPR) by 0.1 percentage points, potentially stimulating the real estate market [1][8]. Group 1: Policy Changes - The new housing provident fund loan interest rate is now at a historical low, with the rate having been adjusted multiple times over the years, previously fluctuating between 3.87% and 5.22% before recent reductions [8]. - Beijing's housing provident fund management center will implement new policy rates for existing loans starting January 1, 2026, and will focus on both existing and new policies to enhance the role of the housing provident fund [5]. Group 2: Regional Adjustments - Various cities, including Wuhan and Qingdao, have adjusted their housing provident fund policies to lower home purchasing costs, such as increasing the maximum loan amount for second homes [6][7]. - In Qingdao, families with multiple children can apply for provident fund loans for their second home as if it were their first, thus benefiting from favorable loan policies [7]. Group 3: Market Impact - The reduction in the housing provident fund loan interest rate is expected to stimulate the real estate market by making housing loans more affordable, particularly for green buildings and renovated old neighborhoods [3][5]. - As of March 2023, Beijing has issued 7,469 loans supporting the renovation of old neighborhoods and 9,474 loans for green buildings, indicating a proactive approach to enhancing housing quality [5].