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Hangzhou Housing Provident Fund Management Center issued a notice on lowering the loan interest rate of the first personal housing provident fund. According to the requirements of the “People’s Bank of China Decides to Lower the Loan Interest Rate of the First Set of Individual Housing Provident Funds”, from October 1, Hangzhou Housing Provident Fund Management Center will lower the loan interest rate of the first set of personal housing provident fund by 0.15 percentage points, less than 5 years (including 5 years) And the interest rate for more than 5 years was adjusted to 2.6% and 3.1% respectively. The interest rate policy of the second set of personal housing provident fund loans remains unchanged, that is, the interest rates for less than 5 years (including 5 years) and more than 5 years are not lower than 3.025% and 3.575% respectively. (Qianjiang Evening News)
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