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Home > Latest

Guangzhou: Personal housing provident fund loan interest rates lowered

date
12/05/2025
Announcement from the Guangzhou Housing Provident Fund Management Center: According to the notice issued by the People's Bank of China on May 7, 2025 regarding the reduction of personal housing provident fund loan interest rates, starting from May 8, 2025, the interest rates for personal housing provident fund loans will be lowered by 0.25 percentage points. The interest rates for first-time buyers with loans of less than 5 years and over 5 years will be adjusted to 2.1% and 2.6% respectively. The interest rates for second-time buyers with loans of less than 5 years and over 5 years will be adjusted to not less than 2.525% and 3.075% respectively. For personal housing provident fund loans issued after May 8, 2025, the new rates will be applied. For personal housing provident fund loans issued before May 8, 2025, the new rates will be effective from January 1, 2026 according to the terms of the loan contract.
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