The market interest rate pricing self-regulatory mechanism announced an initiative on the 29th stating that in principle, commercial banks should uniformly implement batch adjustments to stock mortgage interest rates by October 31, 2024. For stock mortgages with an LPR base point margin higher than -30BP, the point increase should be adjusted to no less than -30BP, and not lower than the lower interest rate limit for newly issued commercial personal housing loans currently implemented by the city where they are located.

The market interest rate pricing self-regulatory mechanism announced an initiative on the 29th stating that in principle, commercial banks should uniformly implement batch adjustments to stock mortgage interest rates by October 31, 2024. For stock mortgages with an LPR base point margin higher than -30BP, the point increase should be adjusted to no less than -30BP, and not lower than the lower interest rate limit for newly issued commercial personal housing loans currently implemented by the city where they are located.