Core Viewpoint - The People's Bank of China has announced a reduction in the personal housing provident fund loan interest rates, effective from May 8, 2025, impacting both new and existing loans [2] Group 1: Interest Rate Adjustments - The interest rates for first-time homebuyers will be adjusted to 2.1% for loans under 5 years and 2.6% for loans over 5 years [2] - For second-time homebuyers, the rates will be set at no less than 2.525% for loans under 5 years and 3.075% for loans over 5 years [2] - Existing loans will see a rate adjustment starting January 1, 2026, with quarterly adjustments thereafter as per local regulations [2] Group 2: Current Mortgage Rates and Policies - The latest mortgage rates in Shenzhen are 3.05% for first-time homebuyers and 3.45% for second-time homebuyers [3] - The minimum down payment for first-time and second-time homebuyers is 20%, while it is 15% for purchasing affordable housing [3] - A simulation shows that for a 1 million yuan, 30-year provident fund loan, the monthly payment will decrease by approximately 132.17 yuan, saving about 48,000 yuan in interest over the loan term [3]
不用等明年元旦，7月1日起，深圳下调存量公积金贷款利率
Nan Fang Du Shi Bao·2025-07-01 11:36