明起存量“公积金+商贷”利率下调

Core Viewpoint - The article discusses the adjustment of housing provident fund loan interest rates in Shanghai, following the People's Bank of China's decision to lower the rates by 0.25 percentage points, effective from January 1, 2026 for existing loans issued before May 8, 2025 [1][2]. Group 1: Interest Rate Adjustments - For first-time homebuyers, the interest rate for loans with a term of 1-5 years will decrease from 2.35% to 2.1%, and for loans over 5 years, it will drop from 2.85% to 2.6% [3]. - For second-time homebuyers, the interest rate for loans with a term of 1-5 years will decrease from 2.775% to 2.525%, and for loans over 5 years, it will fall from 3.325% to 3.075% [3]. - The new interest rates for housing loans will be applicable to both new and existing loans, with existing loans adjusting their rates starting January 1, 2026 [2][4]. Group 2: Commercial Loan Rate Changes - Starting from January 1, 2026, both commercial loan rates and housing provident fund loan rates will be reduced nationwide [2]. - The five-year Loan Prime Rate (LPR) was lowered to 3.5% on May 20, 2025, which will impact the pricing of commercial loans [2]. - A new pricing mechanism for commercial personal housing loans will be implemented from November 1, 2024, allowing borrowers to adjust their repricing periods to 3 months, 6 months, or 1 year [4].