CCTV News: Beijing Housing Provident Fund Management Center issued an announcement on lowering the interest rate of personal housing provident fund loans.
According to the requirements of the People's Bank of China's "Notice on Lowering the Interest Rate of Personal Housing Provident Fund Loans", the following announcement is hereby made on relevant matters: 1. New loans issued after May 8, 2025 (inclusive), the interest rates of first personal housing provident fund loans for less than 5 years (inclusive), and the interest rates of second personal housing provident fund loans for less than 5 years (inclusive), and the interest rates of 2.525% and 3.075% respectively for more than 5 years.
2. For personal housing provident fund loans issued before May 8, 2025 (excluding) and whose term is within one year (including one year), the original interest rate will be implemented after May 8, 2025, and interest will not be calculated in segments; for personal housing provident fund loans issued before May 8, 2025, the original interest rate will be implemented after May 8, 2025, and the adjusted personal housing provident fund loan interest rate will be implemented starting from January 1, 2026 (inclusive).
