On the morning of September 7
Industrial and Commercial Bank of China, Agricultural Bank of China
Released by Bank of China and China Construction Bank
About the stock of first individual housing
Announcement of loan interest rate adjustments
It is clarified that the interest rate of the first set of personal housing loans in stock is adjusted
Specific standards and operational details.
Industrial and Commercial Bank of China
Announcement on the adjustment of interest rates for the first set of personal housing loans in stock: Floating rate loans issued from October 8, 2019 (inclusive) to May 14, 2022 (inclusive) and subject to LPR pricing can be adjusted to the lowest limit of the national first home loan interest rate policy, that is, the corresponding term LPR does not increase points, and the lower limit of the first home loan interest rate policy in the city where the original loan is issued is higher than the LPR, it shall be implemented according to the lower limit of the first home loan interest rate policy of the city where the loan is located at the time of issuance. For floating interest rate existing housing loans that are currently priced by LPR when the original loan is issued, ICBC will take the initiative to adjust the loan interest rate in batches in accordance with the above adjustment rules.
Abc
Announcement on operational matters related to reducing the interest rate of the first set of existing housing loans: Commercial personal housing loans for the first housing that have been issued by the Agricultural Bank of China before August 31, 2023 (inclusive), or other commercial personal housing loans for existing housing that meet the first housing standards of the city where the borrower's actual housing situation meets the standards for the first home in the city where he or she is located. According to the requirements of the Circular, the adjusted interest rate of the commercial personal housing loan for the first home in stock shall not be lower than the lower limit of the interest rate policy for the commercial personal housing loan for the first home in the city where the original loan was issued. The lower limit of the interest rate policy for the first set of housing loans in each city shall be subject to the official website of the provincial branches of the People's Bank of China.
Bank of China
Announcement on the Interest Rate Adjustment of the First Housing Loan in Stock: Bank of China will start the interest rate adjustment of the first home loan in stock from September 25, 2023. The scope of adjustment is: before August 31, 2023 (inclusive), the Bank of China has issued or signed a contract but has not yet issued commercial personal housing loans, and meets one of the following two conditions: 1. The nature of the number of sets of personal housing loans at the time of issuance is the first set of housing loans; 2. The nature of the number of sets of personal housing loans is two sets of housing loans or more at the time of issuance, but it has now complied with the first set of housing loan policies in the city.
China Construction Bank
Announcement on the Interest Rate Adjustment of the First Set of Existing Housing Loans: If issued before October 7, 2019 (inclusive), the adjusted interest rate shall be implemented according to the LPR interest rate for the corresponding term (the original loan contract period). For those issued from October 8, 2019 (inclusive) to May 14, 2022 (inclusive), the adjusted interest rate shall be implemented according to the lower limit of the national first home loan interest rate policy, that is, the corresponding term (original loan contract term) LPR interest rate; From May 15, 2022 (inclusive) to August 31, 2023 (inclusive), the adjusted interest rate shall be implemented according to the lower limit of the national first home loan interest rate policy, that is, the corresponding term (original loan contract term) LPR-20 basis points.