We learned from the Shenzhen Housing Provident Fund Center that on May 8, according to the central bank's decision, Shenzhen began simultaneously lowering interest rates on personal housing provident fund loans by 0.25 percentage points. According to estimates by the Leyoujia Research Center, under the new interest rate situation, if calculated using the first set of two children, a pure provident fund loan of 2.09 million, and equal principal and interest repayment methods, the total savings of 99,400 in interest can be achieved after the New Deal! On May 7, the People's Bank of China issued a notice on lowering interest rates on personal housing provident fund loans. The People's Bank of China decided to reduce personal housing provident fund loan interest rates by 0.25 percentage points starting May 8, 2025. Interest rates for the first set of personal housing provident fund loans under 5 years and above were adjusted to 2.1% and 2.6% respectively; interest rates for the second set of personal housing provident fund loans under 5 years and 5 years were adjusted to not less than 2.525% and 3.075%, respectively.

We learned from the Shenzhen Housing Provident Fund Center that on May 8, according to the central bank's decision, Shenzhen began simultaneously lowering interest rates on personal housing provident fund loans by 0.25 percentage points. According to estimates by the Leyoujia Research Center, under the new interest rate situation, if calculated using the first set of two children, a pure provident fund loan of 2.09 million, and equal principal and interest repayment methods, the total savings of 99,400 in interest can be achieved after the New Deal! On May 7, the People's Bank of China issued a notice on lowering interest rates on personal housing provident fund loans. The People's Bank of China decided to reduce personal housing provident fund loan interest rates by 0.25 percentage points starting May 8, 2025. Interest rates for the first set of personal housing provident fund loans under 5 years and above were adjusted to 2.1% and 2.6% respectively; interest rates for the second set of personal housing provident fund loans under 5 years and 5 years were adjusted to not less than 2.525% and 3.075%, respectively.