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]

Core Viewpoint - The People's Bank of China has announced a reduction in personal housing provident fund loan interest rates, effective from May 8, 2025, which is expected to alleviate the financial burden on borrowers and support the real estate market [1][9]. Summary by Category Interest Rate Adjustments - The interest rates for first-time homebuyers will be reduced to 2.1% for loans of 5 years or less and 2.6% for loans over 5 years [1][3]. - For second homes, the rates will be adjusted to not lower than 2.525% for loans of 5 years or less and 3.075% for loans over 5 years [1][3]. Financial Impact on Borrowers - For a 1 million yuan loan over 30 years at the previous rate of 2.85%, the monthly payment was approximately 4,136 yuan, which will decrease to about 4,003 yuan after the adjustment, saving around 133 yuan per month and totaling 47,600 yuan in interest over the loan term [4]. - For second homes, the previous rate of 3.325% would result in a monthly payment of about 4,393 yuan, which will drop to approximately 4,257 yuan, saving about 136 yuan monthly and totaling 49,000 yuan in interest [5]. Broader Market Response - Following the central bank's announcement, multiple cities including Shanghai, Beijing, Guangzhou, and Shenzhen have also announced reductions in their housing provident fund loan rates [6]. - The interest rate adjustments will apply to both new and existing loans, with existing loans set to see a rate reduction starting January 1, 2026 [9].

据悉，5月8日起，首套房5年期以下公积金贷款利率从2.35%降至2.1%，5年期以上公积金贷款利率从 2.85%降至2.6%。第二套房5年期以下公积金贷款利率从2.775%降至2.525%，5年期以上公积金贷款利率 从3.325%降至3.075%。 在利率调整对象及范围方面，5月8日前已经发放的个人住房公积金贷款，自2026年1月1日起，执行调整 后的利率。5月8日前申请且未发放的个人住房公积金贷款，执行调整后的利率。5月8日起申请的个人住 房公积金贷款，执行调整后的利率。 按新利率执行后，购房者能省多少利息？银川住房公积金管理中心相关负责人举例：首套房贷款60万 元、30年期，以等额本息方式还款，月供还款减少79元，总利息将减少约2.86万元；以等额本金方式还 款，月供还款减少125元，总利息将减少约2.23万元。二套房贷款60万元、30年期，以等额本息方式还 款，月供还款减少82元，总利息将减少近2.96万元；以等额本金方式还款，月供还款减少125元，总利 息将减少约2.23万元。 5月8日，宁夏银川住房公积金管理中心发布消息，根据《中国人民银行关于下调个人住房公积金贷款利 率的通知》要求，即日起，银川住 ...

Core Viewpoint - The People's Bank of China has announced a reduction in personal housing provident fund loan 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][5][6]. Group 1: Rate Adjustments - The new loan rates for first-time homebuyers are set at 2.1% for loans of five years or less and 2.6% for loans over five years [2][5]. - For second home loans, the rates are adjusted to a minimum of 2.525% for loans of five years or less and 3.075% for loans over five years [2][5]. - The adjustment is expected to save residents over 20 billion yuan annually in interest payments on provident fund loans [6]. Group 2: Impact on Existing Loans - Existing loans issued before May 8, 2025, will continue to follow the original interest rates until January 1, 2026, when the new rates will apply [2][4][6]. - The adjustment in rates is anticipated to increase the attractiveness of housing provident fund loans compared to commercial loans, which currently have a smaller interest rate spread [3]. Group 3: Regional Implementation - Multiple cities, including Beijing, Shenzhen, and Guangzhou, have announced similar rate reductions, with specific adjustments detailed in their respective announcements [1][4][6]. - Other cities such as Changsha, Xi'an, and Zhengzhou have also confirmed the implementation of the new rates and policies for existing loans [6].

据河南省住房和城乡建设厅消息，5月7日，中国人民银行发布关于下调个人住房公积金贷款利率的通知 后，河南省各省辖市、济源示范区住房公积金管理中心均于同日通过网站、微信公众号发出具体落实通 知，执行下调个人住房公积金贷款利率的决定，自2025年5月8日起，下调个人住房公积金贷款利率0.25 个百分点。(人民财讯) ...

5月7日，金融监管总局局长李云泽于国新办新闻发布会透露，2025年一季度房地产贷款余额增长超7500 亿元，新增个人住房贷款达2022年以来单季峰值，住房租赁贷款同比增幅28%。李云泽表示，个贷增长 反映购房需求释放，市场活跃提升；租赁贷款增势，则强化了住房金融多元支持，利于租赁市场。 每经记者｜陈利 每经编辑｜陈梦妤 ｜2025年5月8日 星期四｜ NO.1 央行下调个人住房公积金贷款利率0.25个百分点 5月7日，中国人民银行行长潘功胜于国新办新闻发布会称，个人住房公积金贷款利率下调0.25个百分 点，五年期以上首套房利率从2.85%降至2.6%，其他期限同步调。此举预计年省居民公积金贷款利息超 200亿元，助力居民刚性住房需求与房地产市场止跌企稳。 点评：公积金利率降至历史低位，叠加多地存量贷款批量调降及首付比例优化政策，将缓解居民购房压 力，加速释放刚性需求，助力房地产市场企稳。同时，公积金与商业贷款利差缩小，可能倒逼商业银行 进一步优化房贷定价机制，推动市场良性竞争。 NO.2 今年一季度新增个人住房贷款创2022年以来单季最大增幅 点评：保交楼作为政策重点，碧桂园服务通过支持地产集团交付项目，可能 ...

根据长沙住房公积金管理中心发布通知，自2025年5月8日起，下调个人住房公积金贷款利率0.25个百分 点，5年以下(含5年)和5年以上首套个人住房公积金贷款利率分别调整为2.1%和2.6%，5年以下(含5年)和 5年以上第二套个人住房公积金贷款利率分别调整为不低于2.525%和3.075%。2025年5月8日(不含)前已 经发放的个人住房公积金贷款，本年度内执行原利率，自2026年1月1日起执行调整后的利率。2025年5 月8日(含)以后发放的个人住房公积金贷款，按照调整后的利率执行。(长沙发布) ...

Group 1 - The People's Bank of China (PBOC) has decided to lower the personal housing provident fund loan interest rate by 0.25 percentage points, with the five-year and above first home loan rate decreasing from 2.85% to 2.6% effective May 8, 2025 [1][2] - The adjustment applies to both new and existing housing provident fund loans, with new loans immediately reflecting the new rates, while existing loans will see a rate reduction starting January 1, 2026 [1] - For a loan amount of 1 million yuan with a 30-year term, the monthly payment will decrease from 4,136 yuan to 4,003 yuan, resulting in a total interest savings of approximately 47,600 yuan [1] Group 2 - The reduction in housing provident fund loan rates is seen as a significant measure by the PBOC to stimulate consumer spending and enhance housing consumption [2] - Experts believe that lowering the housing provident fund rates will effectively reduce the threshold for home purchases, thereby stimulating housing demand and supporting the sustainable development of the real estate market [2]

据央视新闻消息，中国人民银行决定自2025年5月8日起下调个人住房公积金贷款利率0.25个百分点，五 年期以上首套房利率由2.85%降至2.6%。此次调整涵盖新发放及存量贷款，存量贷款利率将于2026年1 月1日起调整。以100万元、30年期限的贷款为例，月供减少约133元，总利息支出降低约4.76万元。此 举旨在降低购房门槛，激发居民住房消费，支持房地产市场健康发展。 ...

Group 1 - The central bank has reduced the personal housing provident fund loan interest rate by 0.25 percentage points [1] - The interest rate adjustment will apply to previously issued housing provident fund loans starting from January 1, 2026 [1]