From yesterday (April 19) (inclusive), Nantong City has phased out the lower limit of the interest rate on commercial personal housing loans for the first house. In accordance with the principles of marketization and rule of law, each financial institution independently determines the interest rate level of the Bank's first set of personal housing loans based on its own operating conditions, customer risk status and other factors. This adjustment is only applicable to the commercial personal housing loan for the first house, and other circumstances such as the second house purchase and the housing stock loan that has been approved and issued before April 19 are still implemented according to the original contract interest rate and are not within the scope of the adjustment. The adjustment is a dynamic temporary adjustment, when the city's real estate market price index reaches certain conditions, the implementation of the lower limit of the unified interest rate will be resumed according to the requirements. For specific matters, the public can consult the outlets of various commercial banking institutions. Source: Jianghai Evening News
Editor and producer: Yang Shiqi
Reviewer: Bao Jingjing
Audit: Peak
