明年1月起，部分公积金贷款可降月供

Core Viewpoint - The People's Bank of China announced a reduction in personal housing provident fund loan interest rates, effective from May 8, 2025, which will lower monthly payments for borrowers [1][2]. Interest Rate Adjustments - The new interest rates for first-time homebuyers will be 2.1% for loans of 5 years or less and 2.6% for loans over 5 years, down from 2.35% and 2.85% respectively [1][2]. - For second-time homebuyers, the rates will be adjusted to 2.525% for loans of 5 years or less and 3.075% for loans over 5 years, compared to the previous rates of 2.775% and 3.325% [2]. Financial Impact - A typical family borrowing 1.2 million yuan over 30 years will save approximately 57,100.85 yuan in interest for a first home and 59,070.01 yuan for a second home due to the rate adjustments [2]. - For families with multiple children borrowing 1.56 million yuan, the savings will be around 74,229.62 yuan for a first home and 76,789.24 yuan for a second home [2]. Policy Enhancements - Various cities are enhancing housing support through provident fund policies, such as increasing loan limits for first and second homes in Tianjin and lowering down payment ratios in Foshan [3][4]. - Policies are becoming more refined, with specific adjustments for families with multiple children, such as increased loan limits in Yunnan [3][4]. Rental Support Initiatives - Cities are also increasing support for rental housing, with Shijiazhuang raising the annual rental withdrawal limit from 15,000 yuan to 18,000 yuan per person [4]. - Some regions are optimizing the process for withdrawing provident funds for rent, allowing direct monthly payments for certain rental agreements [4]. Expanded Usage of Provident Funds - Some cities are allowing provident fund withdrawals for non-housing expenses, such as property fees and heating costs, and expanding the range of medical conditions eligible for fund withdrawals [5]. - There is a push to increase participation in the provident fund system among flexible employment workers, with policies in place to facilitate their access to loans and tax benefits [5]. Intercity Recognition of Provident Funds - Many regions are advancing the mutual recognition of provident funds across cities, allowing for easier access to funds for home purchases and repayments nationwide [6].