下调利率！北京、深圳、广州官宣

Core Viewpoint - The People's Bank of China has announced a reduction in personal housing provident fund loan interest rates by 0.25 percentage points, with the new rates effective from May 8, 2025, aimed at supporting housing demand and stabilizing the real estate market [1][8]. Group 1: Interest Rate Adjustments - The new interest rates for first-time home buyers are set at 2.1% for loans of five years or less and 2.6% for loans exceeding five years [2][8]. - For second home buyers, the rates are 2.525% for loans of five years or less and 3.075% for loans exceeding five years [2][8]. - The adjustment is expected to save residents over 20 billion yuan annually in interest payments on provident fund loans [8]. Group 2: Regional Implementation - Multiple cities, including Beijing, Shenzhen, Guangzhou, and others, have followed suit in announcing the reduction of housing provident fund loan rates [4][5][7]. - Specific policies for existing loans have been clarified, with loans issued before May 8, 2025, maintaining their original rates until January 1, 2026, when the new rates will apply [2][6][8]. Group 3: Market Impact - The reduction in housing provident fund loan rates is seen as a move to enhance the attractiveness of these loans compared to commercial loans, which have seen a narrowing interest rate spread [3]. - The adjustment is anticipated to stimulate housing demand and contribute to the stabilization of the real estate market [8].